Aofu Environmental TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Aofu Environmental TechnologyLtd has a total shareholder equity of CN¥907.2M and total debt of CN¥386.5M, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are CN¥1.5B and CN¥551.5M respectively.
Key information
42.6%
Debt to equity ratio
CN¥386.54m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥111.16m |
| Equity | CN¥907.25m |
| Total liabilities | CN¥551.54m |
| Total assets | CN¥1.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688021's short term assets (CN¥687.2M) exceed its short term liabilities (CN¥390.6M).
Long Term Liabilities: 688021's short term assets (CN¥687.2M) exceed its long term liabilities (CN¥160.9M).
Debt to Equity History and Analysis
Debt Level: 688021's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: 688021's debt to equity ratio has increased from 38% to 42.6% over the past 5 years.
Debt Coverage: 688021's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688021's interest payments on its debt are well covered by EBIT.