Aerosun Balance Sheet Health
Financial Health criteria checks 6/6
Aerosun has a total shareholder equity of CN¥2.4B and total debt of CN¥77.7M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥5.3B and CN¥2.9B respectively. Aerosun's EBIT is CN¥52.7M making its interest coverage ratio 38.4. It has cash and short-term investments of CN¥498.7M.
Key information
3.2%
Debt to equity ratio
CN¥77.69m
Debt
| Interest coverage ratio | 38.4x |
| Cash | CN¥498.73m |
| Equity | CN¥2.43b |
| Total liabilities | CN¥2.89b |
| Total assets | CN¥5.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600501's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 600501's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥37.2M).
Debt to Equity History and Analysis
Debt Level: 600501 has more cash than its total debt.
Reducing Debt: 600501's debt to equity ratio has reduced from 16.5% to 3.2% over the past 5 years.
Debt Coverage: 600501's debt is well covered by operating cash flow (443.6%).
Interest Coverage: 600501's interest payments on its debt are well covered by EBIT (38.4x coverage).