Ausnutria Dairy Balance Sheet Health
Financial Health criteria checks 5/6
Ausnutria Dairy has a total shareholder equity of CN¥5.9B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are CN¥10.6B and CN¥4.7B respectively. Ausnutria Dairy's EBIT is CN¥422.1M making its interest coverage ratio -77.3. It has cash and short-term investments of CN¥2.1B.
Key information
43.8%
Debt to equity ratio
CN¥2.58b
Debt
Interest coverage ratio | -77.3x |
Cash | CN¥2.07b |
Equity | CN¥5.89b |
Total liabilities | CN¥4.71b |
Total assets | CN¥10.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1717's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥4.5B).
Long Term Liabilities: 1717's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥188.1M).
Debt to Equity History and Analysis
Debt Level: 1717's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 1717's debt to equity ratio has reduced from 111.4% to 43.8% over the past 5 years.
Debt Coverage: 1717's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1717 earns more interest than it pays, so coverage of interest payments is not a concern.