Avicopter Balance Sheet Health
Financial Health criteria checks 5/6
Avicopter has a total shareholder equity of CN¥13.2B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are CN¥43.1B and CN¥29.8B respectively. Avicopter's EBIT is CN¥537.7M making its interest coverage ratio 14.7. It has cash and short-term investments of CN¥4.1B.
Key information
15.8%
Debt to equity ratio
CN¥2.08b
Debt
Interest coverage ratio | 14.7x |
Cash | CN¥4.11b |
Equity | CN¥13.23b |
Total liabilities | CN¥29.83b |
Total assets | CN¥43.05b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of Avicopter Plc (SHSE:600038)
Jun 12These 4 Measures Indicate That Avicopter (SHSE:600038) Is Using Debt Reasonably Well
May 22Unpleasant Surprises Could Be In Store For Avicopter Plc's (SHSE:600038) Shares
Apr 18We Think That There Are Some Issues For Avicopter (SHSE:600038) Beyond Its Promising Earnings
Mar 23Earnings Update: Here's Why Analysts Just Lifted Their Avicopter Plc (SHSE:600038) Price Target To CN¥47.00
Mar 18Financial Position Analysis
Short Term Liabilities: 600038's short term assets (CN¥35.2B) exceed its short term liabilities (CN¥26.2B).
Long Term Liabilities: 600038's short term assets (CN¥35.2B) exceed its long term liabilities (CN¥3.6B).
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 5.9% to 15.8% over the past 5 years.
Debt Coverage: 600038's debt is well covered by operating cash flow (60.2%).
Interest Coverage: 600038's interest payments on its debt are well covered by EBIT (14.7x coverage).