Sinofert Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Sinofert Holdings has a total shareholder equity of CN¥10.6B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are CN¥20.0B and CN¥9.3B respectively. Sinofert Holdings's EBIT is CN¥661.2M making its interest coverage ratio -14.4. It has cash and short-term investments of CN¥4.7B.
Key information
16.4%
Debt to equity ratio
CN¥1.74b
Debt
| Interest coverage ratio | -14.4x |
| Cash | CN¥4.72b |
| Equity | CN¥10.61b |
| Total liabilities | CN¥9.35b |
| Total assets | CN¥19.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 297's short term assets (CN¥11.1B) exceed its short term liabilities (CN¥8.0B).
Long Term Liabilities: 297's short term assets (CN¥11.1B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 297 has more cash than its total debt.
Reducing Debt: 297's debt to equity ratio has reduced from 54.7% to 16.4% over the past 5 years.
Debt Coverage: 297's debt is well covered by operating cash flow (142.5%).
Interest Coverage: 297 earns more interest than it pays, so coverage of interest payments is not a concern.