Avicopter Balance Sheet Health
Financial Health criteria checks 5/6
Avicopter has a total shareholder equity of CN¥10.2B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are CN¥27.8B and CN¥17.6B respectively. Avicopter's EBIT is CN¥320.4M making its interest coverage ratio 412.5. It has cash and short-term investments of CN¥3.3B.
Key information
18.9%
Debt to equity ratio
CN¥1.93b
Debt
| Interest coverage ratio | 412.5x |
| Cash | CN¥3.27b |
| Equity | CN¥10.22b |
| Total liabilities | CN¥17.58b |
| Total assets | CN¥27.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600038's short term assets (CN¥24.4B) exceed its short term liabilities (CN¥15.6B).
Long Term Liabilities: 600038's short term assets (CN¥24.4B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 600038 has more cash than its total debt.
Reducing Debt: 600038's debt to equity ratio has increased from 6.2% to 18.9% over the past 5 years.
Debt Coverage: 600038's debt is well covered by operating cash flow (37.2%).
Interest Coverage: 600038's interest payments on its debt are well covered by EBIT (412.5x coverage).