Sinofert Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Sinofert Holdings has a total shareholder equity of CN¥9.9B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are CN¥22.0B and CN¥12.1B respectively. Sinofert Holdings's EBIT is CN¥675.9M making its interest coverage ratio -16.4. It has cash and short-term investments of CN¥3.9B.
Key information
18.0%
Debt to equity ratio
CN¥1.79b
Debt
Interest coverage ratio | -16.4x |
Cash | CN¥3.92b |
Equity | CN¥9.92b |
Total liabilities | CN¥12.06b |
Total assets | CN¥21.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNFR.F's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥10.6B).
Long Term Liabilities: SNFR.F's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: SNFR.F has more cash than its total debt.
Reducing Debt: SNFR.F's debt to equity ratio has reduced from 42.6% to 18% over the past 5 years.
Debt Coverage: SNFR.F's debt is well covered by operating cash flow (138.9%).
Interest Coverage: SNFR.F earns more interest than it pays, so coverage of interest payments is not a concern.