Anhui Ankai Automobile Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Ankai Automobile has a total shareholder equity of CN¥1.0B and total debt of CN¥212.1M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are CN¥3.7B and CN¥2.7B respectively.
Key information
21.1%
Debt to equity ratio
CN¥212.11m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥794.78m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥2.67b |
| Total assets | CN¥3.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000868's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥2.6B).
Long Term Liabilities: 000868's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥123.2M).
Debt to Equity History and Analysis
Debt Level: 000868 has more cash than its total debt.
Reducing Debt: 000868's debt to equity ratio has reduced from 191.1% to 21.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 000868 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 000868 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.