Anhui Tongyuan Environment Energy SavingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Tongyuan Environment Energy SavingLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥274.8M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CN¥2.7B and CN¥1.6B respectively. Anhui Tongyuan Environment Energy SavingLtd's EBIT is CN¥31.8M making its interest coverage ratio 10.9. It has cash and short-term investments of CN¥406.7M.
Key information
24.3%
Debt to equity ratio
CN¥274.76m
Debt
| Interest coverage ratio | 10.9x |
| Cash | CN¥406.69m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥1.59b |
| Total assets | CN¥2.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688679's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688679's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥180.2M).
Debt to Equity History and Analysis
Debt Level: 688679 has more cash than its total debt.
Reducing Debt: 688679's debt to equity ratio has reduced from 32.2% to 24.3% over the past 5 years.
Debt Coverage: 688679's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688679's interest payments on its debt are well covered by EBIT (10.9x coverage).