AECC Aviation PowerLtd Balance Sheet Health
Financial Health criteria checks 2/6
AECC Aviation PowerLtd has a total shareholder equity of CN¥45.0B and total debt of CN¥23.2B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CN¥113.0B and CN¥68.0B respectively. AECC Aviation PowerLtd's EBIT is CN¥1.6B making its interest coverage ratio 7. It has cash and short-term investments of CN¥3.7B.
Key information
51.6%
Debt to equity ratio
CN¥23.24b
Debt
| Interest coverage ratio | 7x |
| Cash | CN¥3.67b |
| Equity | CN¥45.04b |
| Total liabilities | CN¥68.01b |
| Total assets | CN¥113.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600893's short term assets (CN¥81.3B) exceed its short term liabilities (CN¥72.9B).
Long Term Liabilities: 600893's short term assets (CN¥81.3B) do not cover its long term liabilities (CN¥-4.8B).
Debt to Equity History and Analysis
Debt Level: 600893's net debt to equity ratio (43.5%) is considered high.
Reducing Debt: 600893's debt to equity ratio has increased from 15.7% to 51.6% over the past 5 years.
Debt Coverage: 600893's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600893's interest payments on its debt are well covered by EBIT (7x coverage).