Anhui Quanchai Engine Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Quanchai Engine has a total shareholder equity of CN¥3.2B and total debt of CN¥5.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥5.8B and CN¥2.6B respectively. Anhui Quanchai Engine's EBIT is CN¥11.1M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥1.6B.
Key information
0.2%
Debt to equity ratio
CN¥5.50m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥1.62b |
| Equity | CN¥3.23b |
| Total liabilities | CN¥2.60b |
| Total assets | CN¥5.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600218's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600218's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥146.2M).
Debt to Equity History and Analysis
Debt Level: 600218 has more cash than its total debt.
Reducing Debt: 600218's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 600218's debt is well covered by operating cash flow (1732.1%).
Interest Coverage: 600218 earns more interest than it pays, so coverage of interest payments is not a concern.