China Foods Balance Sheet Health
Financial Health criteria checks 6/6
China Foods has a total shareholder equity of CN¥10.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥17.0B and CN¥6.8B respectively. China Foods's EBIT is CN¥1.8B making its interest coverage ratio -66.8. It has cash and short-term investments of CN¥3.7B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -66.8x |
| Cash | CN¥3.67b |
| Equity | CN¥10.20b |
| Total liabilities | CN¥6.81b |
| Total assets | CN¥17.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHFH.Y's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: CHFH.Y's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥562.8M).
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 13.5%.
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.