Anhui Jialiqi Advanced Composites Technology Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Jialiqi Advanced Composites Technology has a total shareholder equity of CN¥841.4M and total debt of CN¥71.0M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are CN¥1.1B and CN¥279.9M respectively. Anhui Jialiqi Advanced Composites Technology's EBIT is CN¥83.1M making its interest coverage ratio -20.2. It has cash and short-term investments of CN¥336.3M.
Key information
8.4%
Debt to equity ratio
CN¥71.03m
Debt
| Interest coverage ratio | -20.2x |
| Cash | CN¥336.25m |
| Equity | CN¥841.37m |
| Total liabilities | CN¥279.89m |
| Total assets | CN¥1.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301586's short term assets (CN¥640.9M) exceed its short term liabilities (CN¥174.5M).
Long Term Liabilities: 301586's short term assets (CN¥640.9M) exceed its long term liabilities (CN¥105.4M).
Debt to Equity History and Analysis
Debt Level: 301586 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301586's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301586's debt is well covered by operating cash flow (252.7%).
Interest Coverage: 301586 earns more interest than it pays, so coverage of interest payments is not a concern.