AVIC Shenyang Aircraft Balance Sheet Health
Financial Health criteria checks 5/6
AVIC Shenyang Aircraft has a total shareholder equity of CN¥17.2B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥48.0B and CN¥30.8B respectively. AVIC Shenyang Aircraft's EBIT is CN¥3.1B making its interest coverage ratio -11.2. It has cash and short-term investments of CN¥8.3B.
Key information
0.6%
Debt to equity ratio
CN¥100.00m
Debt
| Interest coverage ratio | -11.2x |
| Cash | CN¥8.31b |
| Equity | CN¥17.19b |
| Total liabilities | CN¥30.81b |
| Total assets | CN¥48.00b |
Recent financial health updates
AVIC Shenyang Aircraft (SHSE:600760) Seems To Use Debt Quite Sensibly
Sep 25
Is AVIC Shenyang Aircraft (SHSE:600760) Using Too Much Debt?
May 22Recent updates
There's Been No Shortage Of Growth Recently For AVIC Shenyang Aircraft's (SHSE:600760) Returns On Capital
Oct 13AVIC Shenyang Aircraft (SHSE:600760) Seems To Use Debt Quite Sensibly
Sep 25Solid Earnings May Not Tell The Whole Story For AVIC Shenyang Aircraft (SHSE:600760)
Sep 02Pinning Down AVIC Shenyang Aircraft Company Limited's (SHSE:600760) P/E Is Difficult Right Now
Jul 20If EPS Growth Is Important To You, AVIC Shenyang Aircraft (SHSE:600760) Presents An Opportunity
Jun 28We Like These Underlying Return On Capital Trends At AVIC Shenyang Aircraft (SHSE:600760)
Jun 10Is AVIC Shenyang Aircraft (SHSE:600760) Using Too Much Debt?
May 22Do AVIC Shenyang Aircraft's (SHSE:600760) Earnings Warrant Your Attention?
Mar 26AVIC Shenyang Aircraft Company Limited's (SHSE:600760) Shares May Have Run Too Fast Too Soon
Feb 29Financial Position Analysis
Short Term Liabilities: 600760's short term assets (CN¥38.8B) exceed its short term liabilities (CN¥28.2B).
Long Term Liabilities: 600760's short term assets (CN¥38.8B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 600760 has more cash than its total debt.
Reducing Debt: 600760's debt to equity ratio has reduced from 7.8% to 0.6% over the past 5 years.
Debt Coverage: 600760's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600760 earns more interest than it pays, so coverage of interest payments is not a concern.