Suzhou Anjie Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Anjie Technology has a total shareholder equity of CN¥5.8B and total debt of CN¥638.1M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥8.0B and CN¥2.2B respectively. Suzhou Anjie Technology's EBIT is CN¥218.5M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥1.7B.
Key information
11.0%
Debt to equity ratio
CN¥638.08m
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥1.69b |
| Equity | CN¥5.80b |
| Total liabilities | CN¥2.18b |
| Total assets | CN¥7.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002635's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002635's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥218.6M).
Debt to Equity History and Analysis
Debt Level: 002635 has more cash than its total debt.
Reducing Debt: 002635's debt to equity ratio has increased from 0.7% to 11% over the past 5 years.
Debt Coverage: 002635's debt is well covered by operating cash flow (124.9%).
Interest Coverage: 002635 earns more interest than it pays, so coverage of interest payments is not a concern.