Pu'er Lancang Ancient Tea Balance Sheet Health
Financial Health criteria checks 5/6
Pu'er Lancang Ancient Tea has a total shareholder equity of CN¥1.0B and total debt of CN¥250.5M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are CN¥1.6B and CN¥617.7M respectively. Pu'er Lancang Ancient Tea's EBIT is CN¥104.0M making its interest coverage ratio 7. It has cash and short-term investments of CN¥273.3M.
Key information
24.8%
Debt to equity ratio
CN¥250.50m
Debt
Interest coverage ratio | 7x |
Cash | CN¥273.34m |
Equity | CN¥1.01b |
Total liabilities | CN¥617.67m |
Total assets | CN¥1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6911's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥385.4M).
Long Term Liabilities: 6911's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥232.3M).
Debt to Equity History and Analysis
Debt Level: 6911 has more cash than its total debt.
Reducing Debt: 6911's debt to equity ratio has reduced from 29.3% to 24.8% over the past 5 years.
Debt Coverage: 6911's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 6911's interest payments on its debt are well covered by EBIT (7x coverage).