Anhui Tuoshan Heavy Industry Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Tuoshan Heavy Industry has a total shareholder equity of CN¥726.7M and total debt of CN¥169.0M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥1.1B and CN¥396.8M respectively.
Key information
23.3%
Debt to equity ratio
CN¥169.04m
Debt
Interest coverage ratio | n/a |
Cash | CN¥320.44m |
Equity | CN¥726.65m |
Total liabilities | CN¥396.82m |
Total assets | CN¥1.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001226's short term assets (CN¥788.3M) exceed its short term liabilities (CN¥249.3M).
Long Term Liabilities: 001226's short term assets (CN¥788.3M) exceed its long term liabilities (CN¥147.6M).
Debt to Equity History and Analysis
Debt Level: 001226 has more cash than its total debt.
Reducing Debt: 001226's debt to equity ratio has reduced from 34.8% to 23.3% over the past 5 years.
Debt Coverage: 001226's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 001226's interest payments on its debt are well covered by EBIT.