Anhui Sinonet & Xinlong Science & Technology Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Sinonet & Xinlong Science & Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are CN¥6.4B and CN¥3.0B respectively.
Key information
30.4%
Debt to equity ratio
CN¥1.04b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥394.78m |
| Equity | CN¥3.42b |
| Total liabilities | CN¥3.02b |
| Total assets | CN¥6.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002298's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 002298's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥472.1M).
Debt to Equity History and Analysis
Debt Level: 002298's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 002298's debt to equity ratio has increased from 17.6% to 30.4% over the past 5 years.
Debt Coverage: 002298's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: Insufficient data to determine if 002298's interest payments on its debt are well covered by EBIT.