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¥92.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥3.3B and CN¥655.3M respectively. Anbang Save-Guard GroupLtd's EBIT is CN¥346.4M making its interest coverage ratio -15.2. It has cash and short-term investments of CN¥1.4B.
Key information
3.4%
Debt to equity ratio
CN¥91.99m
Debt
Interest coverage ratio | -15.2x |
Cash | CN¥1.35b |
Equity | CN¥2.68b |
Total liabilities | CN¥655.30m |
Total assets | CN¥3.33b |
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¥563.7M).
Long Term Liabilities: 603373's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥91.6M).
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 11% to 3.4% over the past 5 years.
Debt Coverage: 603373's debt is well covered by operating cash flow (298.4%).
Interest Coverage: 603373 earns more interest than it pays, so coverage of interest payments is not a concern.