Anhui HeliLtd Balance Sheet Health
Financial Health criteria checks 4/6
Anhui HeliLtd has a total shareholder equity of CN¥10.8B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are CN¥18.7B and CN¥7.9B respectively. Anhui HeliLtd's EBIT is CN¥1.5B making its interest coverage ratio -14.1. It has cash and short-term investments of CN¥6.9B.
Key information
30.6%
Debt to equity ratio
CN¥3.31b
Debt
| Interest coverage ratio | -14.1x |
| Cash | CN¥6.85b |
| Equity | CN¥10.82b |
| Total liabilities | CN¥7.89b |
| Total assets | CN¥18.72b |
Recent financial health updates
No updates
Recent updates
We Believe Anhui HeliLtd's (SHSE:600761) Earnings Are A Poor Guide For Its Profitability
Nov 04
Here's What To Make Of Anhui HeliLtd's (SHSE:600761) Decelerating Rates Of Return
Oct 16Anhui Heli Co.,Ltd. (SHSE:600761) Held Back By Insufficient Growth Even After Shares Climb 32%
Sep 28Anhui Heli Co.,Ltd.'s (SHSE:600761) Earnings Are Not Doing Enough For Some Investors
Aug 05Anhui HeliLtd (SHSE:600761) Has More To Do To Multiply In Value Going Forward
May 21Anhui Heli Co.,Ltd. (SHSE:600761) Soars 30% But It's A Story Of Risk Vs Reward
Apr 22Additional Considerations Required While Assessing Anhui HeliLtd's (SHSE:600761) Strong Earnings
Apr 15Financial Position Analysis
Short Term Liabilities: 600761's short term assets (CN¥13.5B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: 600761's short term assets (CN¥13.5B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 600761 has more cash than its total debt.
Reducing Debt: 600761's debt to equity ratio has increased from 9.3% to 30.6% over the past 5 years.
Debt Coverage: 600761's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 600761 earns more interest than it pays, so coverage of interest payments is not a concern.