China Starch Holdings Balance Sheet Health
Financial Health criteria checks 5/6
China Starch Holdings has a total shareholder equity of CN¥3.8B and total debt of CN¥285.9M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CN¥5.1B and CN¥1.3B respectively. China Starch Holdings's EBIT is CN¥595.4M making its interest coverage ratio -43.2. It has cash and short-term investments of CN¥1.0B.
Key information
7.5%
Debt to equity ratio
CN¥285.93m
Debt
Interest coverage ratio | -43.2x |
Cash | CN¥1.00b |
Equity | CN¥3.82b |
Total liabilities | CN¥1.28b |
Total assets | CN¥5.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHNS.F's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥965.9M).
Long Term Liabilities: CHNS.F's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥318.1M).
Debt to Equity History and Analysis
Debt Level: CHNS.F has more cash than its total debt.
Reducing Debt: CHNS.F's debt to equity ratio has increased from 0.2% to 7.5% over the past 5 years.
Debt Coverage: CHNS.F's debt is well covered by operating cash flow (110.8%).
Interest Coverage: CHNS.F earns more interest than it pays, so coverage of interest payments is not a concern.