Anhui Coreach TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Coreach TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥403.2M respectively. Anhui Coreach TechnologyLtd's EBIT is CN¥151.0M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥860.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -10.2x |
| Cash | CN¥860.17m |
| Equity | CN¥1.32b |
| Total liabilities | CN¥403.21m |
| Total assets | CN¥1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002983's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥379.7M).
Long Term Liabilities: 002983's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥23.5M).
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 0.2%.
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.