Aerospace Hi-Tech Holding Group Balance Sheet Health
Financial Health criteria checks 4/6
Aerospace Hi-Tech Holding Group has a total shareholder equity of CN¥4.4B and total debt of CN¥758.7M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are CN¥8.6B and CN¥4.2B respectively.
Key information
17.4%
Debt to equity ratio
CN¥758.72m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥802.70m |
| Equity | CN¥4.37b |
| Total liabilities | CN¥4.21b |
| Total assets | CN¥8.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000901's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 000901's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 000901 has more cash than its total debt.
Reducing Debt: 000901's debt to equity ratio has increased from 12.7% to 17.4% over the past 5 years.
Debt Coverage: 000901's debt is well covered by operating cash flow (36.9%).
Interest Coverage: Insufficient data to determine if 000901's interest payments on its debt are well covered by EBIT.