Aeolus Tyre Balance Sheet Health
Financial Health criteria checks 5/6
Aeolus Tyre has a total shareholder equity of CN¥3.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are CN¥7.5B and CN¥4.1B respectively. Aeolus Tyre's EBIT is CN¥379.5M making its interest coverage ratio 17.3. It has cash and short-term investments of CN¥969.0M.
Key information
35.1%
Debt to equity ratio
CN¥1.19b
Debt
| Interest coverage ratio | 17.3x |
| Cash | CN¥969.02m |
| Equity | CN¥3.38b |
| Total liabilities | CN¥4.09b |
| Total assets | CN¥7.48b |
Recent financial health updates
No updates
Recent updates
Aeolus Tyre (SHSE:600469) Might Be Having Difficulty Using Its Capital Effectively
Oct 22
Benign Growth For Aeolus Tyre Co., Ltd. (SHSE:600469) Underpins Its Share Price
Jul 19Statutory Profit Doesn't Reflect How Good Aeolus Tyre's (SHSE:600469) Earnings Are
May 01Revenues Working Against Aeolus Tyre Co., Ltd.'s (SHSE:600469) Share Price
Mar 16Financial Position Analysis
Short Term Liabilities: 600469's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 600469's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600469's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 600469's debt to equity ratio has reduced from 112.8% to 35.1% over the past 5 years.
Debt Coverage: 600469's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 600469's interest payments on its debt are well covered by EBIT (17.3x coverage).