AVIC Airborne Systems Balance Sheet Health
Financial Health criteria checks 5/6
AVIC Airborne Systems has a total shareholder equity of CN¥38.1B and total debt of CN¥8.4B, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are CN¥74.0B and CN¥35.9B respectively. AVIC Airborne Systems's EBIT is CN¥2.0B making its interest coverage ratio -12.6. It has cash and short-term investments of CN¥13.3B.
Key information
22.0%
Debt to equity ratio
CN¥8.40b
Debt
Interest coverage ratio | -12.6x |
Cash | CN¥13.29b |
Equity | CN¥38.11b |
Total liabilities | CN¥35.92b |
Total assets | CN¥74.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600372's short term assets (CN¥56.2B) exceed its short term liabilities (CN¥31.6B).
Long Term Liabilities: 600372's short term assets (CN¥56.2B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 600372 has more cash than its total debt.
Reducing Debt: 600372's debt to equity ratio has reduced from 85.7% to 22% over the past 5 years.
Debt Coverage: 600372's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600372 earns more interest than it pays, so coverage of interest payments is not a concern.