Anhui Shunyu Water AffairsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Shunyu Water AffairsLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥986.6M, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are CN¥3.0B and CN¥1.4B respectively. Anhui Shunyu Water AffairsLtd's EBIT is CN¥32.3M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥496.5M.
Key information
62.8%
Debt to equity ratio
CN¥986.61m
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥496.53m |
| Equity | CN¥1.57b |
| Total liabilities | CN¥1.43b |
| Total assets | CN¥3.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301519's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥558.3M).
Long Term Liabilities: 301519's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥868.4M).
Debt to Equity History and Analysis
Debt Level: 301519's net debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: 301519's debt to equity ratio has increased from 57.2% to 62.8% 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 not well covered by EBIT (2.1x coverage).