AECC Aviation PowerLtd Balance Sheet Health
Financial Health criteria checks 4/6
AECC Aviation PowerLtd has a total shareholder equity of CN¥44.4B and total debt of CN¥8.1B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥101.3B and CN¥56.9B respectively. AECC Aviation PowerLtd's EBIT is CN¥1.8B making its interest coverage ratio 21.7. It has cash and short-term investments of CN¥3.3B.
Key information
18.4%
Debt to equity ratio
CN¥8.15b
Debt
| Interest coverage ratio | 21.7x |
| Cash | CN¥3.29b |
| Equity | CN¥44.37b |
| Total liabilities | CN¥56.93b |
| Total assets | CN¥101.30b |
Recent financial health updates
Recent updates
Analyst Estimates: Here's What Brokers Think Of AECC Aviation Power Co.,Ltd (SHSE:600893) After Its Full-Year Report
Apr 01
At CN¥33.57, Is It Time To Put AECC Aviation Power Co.,Ltd (SHSE:600893) On Your Watch List?
Mar 28Is AECC Aviation PowerLtd (SHSE:600893) A Risky Investment?
Mar 13Some Investors May Be Worried About AECC Aviation PowerLtd's (SHSE:600893) Returns On Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 600893's short term assets (CN¥70.2B) exceed its short term liabilities (CN¥60.1B).
Long Term Liabilities: 600893's short term assets (CN¥70.2B) do not cover its long term liabilities (CN¥-3.2B).
Debt to Equity History and Analysis
Debt Level: 600893's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: 600893's debt to equity ratio has reduced from 20.6% to 18.4% over the past 5 years.
Debt Coverage: 600893's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600893's interest payments on its debt are well covered by EBIT (21.7x coverage).