China Kangda Food Balance Sheet Health
Financial Health criteria checks 3/6
China Kangda Food has a total shareholder equity of CN¥553.6M and total debt of CN¥342.3M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are CN¥1.6B and CN¥1.0B respectively.
Key information
61.8%
Debt to equity ratio
CN¥342.31m
Debt
Interest coverage ratio | n/a |
Cash | CN¥284.31m |
Equity | CN¥553.60m |
Total liabilities | CN¥1.03b |
Total assets | CN¥1.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: P74's short term assets (CN¥906.9M) do not cover its short term liabilities (CN¥907.1M).
Long Term Liabilities: P74's short term assets (CN¥906.9M) exceed its long term liabilities (CN¥121.4M).
Debt to Equity History and Analysis
Debt Level: P74's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: P74's debt to equity ratio has reduced from 66.5% to 61.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if P74 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if P74 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.