Anhui HeliLtd Balance Sheet Health
Financial Health criteria checks 5/6
Anhui HeliLtd has a total shareholder equity of CN¥8.3B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are CN¥16.9B and CN¥8.6B respectively. Anhui HeliLtd's EBIT is CN¥1.4B making its interest coverage ratio -20.2. It has cash and short-term investments of CN¥7.5B.
Key information
55.6%
Debt to equity ratio
CN¥4.59b
Debt
Interest coverage ratio | -20.2x |
Cash | CN¥7.51b |
Equity | CN¥8.26b |
Total liabilities | CN¥8.64b |
Total assets | CN¥16.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600761's short term assets (CN¥12.4B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 600761's short term assets (CN¥12.4B) exceed its long term liabilities (CN¥3.8B).
Debt to Equity History and Analysis
Debt Level: 600761 has more cash than its total debt.
Reducing Debt: 600761's debt to equity ratio has increased from 9.2% to 55.6% over the past 5 years.
Debt Coverage: 600761's debt is well covered by operating cash flow (31.7%).
Interest Coverage: 600761 earns more interest than it pays, so coverage of interest payments is not a concern.