Anhui Yingliu Electromechanical Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Yingliu Electromechanical has a total shareholder equity of CN¥5.0B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are CN¥11.6B and CN¥6.5B respectively. Anhui Yingliu Electromechanical's EBIT is CN¥362.5M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥456.6M.
Key information
83.2%
Debt to equity ratio
CN¥4.18b
Debt
Interest coverage ratio | 3.4x |
Cash | CN¥456.64m |
Equity | CN¥5.03b |
Total liabilities | CN¥6.55b |
Total assets | CN¥11.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603308's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 603308's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 603308's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: 603308's debt to equity ratio has reduced from 96% to 83.2% over the past 5 years.
Debt Coverage: 603308's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: 603308's interest payments on its debt are well covered by EBIT (3.4x coverage).