China Foods Balance Sheet Health
Financial Health criteria checks 6/6
China Foods has a total shareholder equity of CN¥9.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥16.2B and CN¥6.5B respectively. China Foods's EBIT is CN¥1.7B making its interest coverage ratio -91.4. It has cash and short-term investments of CN¥2.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -91.4x |
Cash | CN¥2.55b |
Equity | CN¥9.69b |
Total liabilities | CN¥6.54b |
Total assets | CN¥16.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHFH.Y's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: CHFH.Y's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥579.1M).
Debt to Equity History and Analysis
Debt Level: CHFH.Y is debt free.
Reducing Debt: CHFH.Y has no debt compared to 5 years ago when its debt to equity ratio was 17.4%.
Debt Coverage: CHFH.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CHFH.Y has no debt, therefore coverage of interest payments is not a concern.