Anbang Save-Guard GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anbang Save-Guard GroupLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥108.8M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥3.5B and CN¥823.2M respectively. Anbang Save-Guard GroupLtd's EBIT is CN¥359.6M making its interest coverage ratio -16. It has cash and short-term investments of CN¥1.4B.
Key information
4.1%
Debt to equity ratio
CN¥108.76m
Debt
| Interest coverage ratio | -16x |
| Cash | CN¥1.38b |
| Equity | CN¥2.67b |
| Total liabilities | CN¥823.17m |
| Total assets | CN¥3.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603373's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥713.4M).
Long Term Liabilities: 603373's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥109.8M).
Debt to Equity History and Analysis
Debt Level: 603373 has more cash than its total debt.
Reducing Debt: 603373's debt to equity ratio has reduced from 12% to 4.1% over the past 5 years.
Debt Coverage: 603373's debt is well covered by operating cash flow (298%).
Interest Coverage: 603373 earns more interest than it pays, so coverage of interest payments is not a concern.