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¥846.4M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are CN¥2.9B and CN¥1.3B respectively. Anhui Shunyu Water AffairsLtd's EBIT is CN¥78.0M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥565.3M.
Key information
53.4%
Debt to equity ratio
CN¥846.37m
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥565.30m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥1.30b |
| Total assets | CN¥2.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301519's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥504.2M).
Long Term Liabilities: 301519's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥797.8M).
Debt to Equity History and Analysis
Debt Level: 301519's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: 301519's debt to equity ratio has increased from 38.7% to 53.4% 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 (4.8x coverage).