Anhui Shunyu Water AffairsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Shunyu Water AffairsLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥939.1M, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are CN¥3.0B and CN¥1.4B respectively. Anhui Shunyu Water AffairsLtd's EBIT is CN¥49.1M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥740.8M.
Key information
58.6%
Debt to equity ratio
CN¥939.12m
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥740.80m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥1.40b |
| Total assets | CN¥3.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301519's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥566.2M).
Long Term Liabilities: 301519's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥832.7M).
Debt to Equity History and Analysis
Debt Level: 301519's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 301519's debt to equity ratio has increased from 48.2% to 58.6% over the past 5 years.
Debt Coverage: 301519's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301519's interest payments on its debt are well covered by EBIT (3.2x coverage).