AECC Aviation PowerLtd Balance Sheet Health
Financial Health criteria checks 4/6
AECC Aviation PowerLtd has a total shareholder equity of CN¥44.7B and total debt of CN¥21.0B, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are CN¥108.2B and CN¥63.4B respectively. AECC Aviation PowerLtd's EBIT is CN¥1.7B making its interest coverage ratio 10.5. It has cash and short-term investments of CN¥5.6B.
Key information
46.9%
Debt to equity ratio
CN¥20.96b
Debt
| Interest coverage ratio | 10.5x |
| Cash | CN¥5.61b |
| Equity | CN¥44.71b |
| Total liabilities | CN¥63.45b |
| Total assets | CN¥108.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600893's short term assets (CN¥76.7B) exceed its short term liabilities (CN¥67.3B).
Long Term Liabilities: 600893's short term assets (CN¥76.7B) do not cover its long term liabilities (CN¥-3.9B).
Debt to Equity History and Analysis
Debt Level: 600893's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: 600893's debt to equity ratio has reduced from 50.1% to 46.9% 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 (10.5x coverage).