Anhui Quanchai Engine Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Quanchai Engine has a total shareholder equity of CN¥3.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.1B and CN¥2.9B respectively. Anhui Quanchai Engine's EBIT is CN¥10.7M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥1.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -0.2x |
Cash | CN¥1.84b |
Equity | CN¥3.20b |
Total liabilities | CN¥2.87b |
Total assets | CN¥6.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600218's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 600218's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥142.6M).
Debt to Equity History and Analysis
Debt Level: 600218 is debt free.
Reducing Debt: 600218 has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
Debt Coverage: 600218 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600218 has no debt, therefore coverage of interest payments is not a concern.