Anhui Coreach TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Coreach TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥430.8M respectively. Anhui Coreach TechnologyLtd's EBIT is CN¥95.0M making its interest coverage ratio -7.2. It has cash and short-term investments of CN¥600.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.2x |
| Cash | CN¥600.52m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥430.76m |
| Total assets | CN¥1.82b |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For Anhui Coreach Technology Co.,Ltd (SZSE:002983) After Shares Rise 35%
Oct 09
Be Wary Of Anhui Coreach TechnologyLtd (SZSE:002983) And Its Returns On Capital
Sep 27Anhui Coreach Technology Co.,Ltd's (SZSE:002983) Shares Lagging The Market But So Is The Business
Aug 02Anhui Coreach TechnologyLtd's (SZSE:002983) Upcoming Dividend Will Be Larger Than Last Year's
Jun 11Here's What's Concerning About Anhui Coreach TechnologyLtd's (SZSE:002983) Returns On Capital
Mar 28Anhui Coreach Technology Co.,Ltd (SZSE:002983) Stock Rockets 36% But Many Are Still Ignoring The Company
Mar 06Here's Why Anhui Coreach TechnologyLtd (SZSE:002983) Has Caught The Eye Of Investors
Feb 28Financial Position Analysis
Short Term Liabilities: 002983's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥403.0M).
Long Term Liabilities: 002983's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥27.8M).
Debt to Equity History and Analysis
Debt Level: 002983 is debt free.
Reducing Debt: 002983 has no debt compared to 5 years ago when its debt to equity ratio was 0.05%.
Debt Coverage: 002983 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002983 has no debt, therefore coverage of interest payments is not a concern.