China Feihe Balance Sheet Health
Financial Health criteria checks 6/6
China Feihe has a total shareholder equity of CN¥26.3B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥36.2B and CN¥9.9B respectively. China Feihe's EBIT is CN¥4.1B making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥19.1B.
Key information
5.2%
Debt to equity ratio
CN¥1.38b
Debt
Interest coverage ratio | -9.8x |
Cash | CN¥19.15b |
Equity | CN¥26.33b |
Total liabilities | CN¥9.86b |
Total assets | CN¥36.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6186's short term assets (CN¥22.6B) exceed its short term liabilities (CN¥7.4B).
Long Term Liabilities: 6186's short term assets (CN¥22.6B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 6186 has more cash than its total debt.
Reducing Debt: 6186's debt to equity ratio has reduced from 30.1% to 5.2% over the past 5 years.
Debt Coverage: 6186's debt is well covered by operating cash flow (300.9%).
Interest Coverage: 6186 earns more interest than it pays, so coverage of interest payments is not a concern.