Nongfu Spring Balance Sheet Health
Financial Health criteria checks 5/6
Nongfu Spring has a total shareholder equity of CN¥28.6B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥49.1B and CN¥20.6B respectively. Nongfu Spring's EBIT is CN¥14.0B making its interest coverage ratio -15.7. It has cash and short-term investments of CN¥24.2B.
Key information
10.9%
Debt to equity ratio
CN¥3.12b
Debt
Interest coverage ratio | -15.7x |
Cash | CN¥24.23b |
Equity | CN¥28.57b |
Total liabilities | CN¥20.57b |
Total assets | CN¥49.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9633's short term assets (CN¥28.5B) exceed its short term liabilities (CN¥19.9B).
Long Term Liabilities: 9633's short term assets (CN¥28.5B) exceed its long term liabilities (CN¥689.7M).
Debt to Equity History and Analysis
Debt Level: 9633 has more cash than its total debt.
Reducing Debt: 9633's debt to equity ratio has increased from 0% to 10.9% over the past 5 years.
Debt Coverage: 9633's debt is well covered by operating cash flow (554.5%).
Interest Coverage: 9633 earns more interest than it pays, so coverage of interest payments is not a concern.