Anhui Tongyuan Environment Energy SavingLtd Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Tongyuan Environment Energy SavingLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥370.0M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are CN¥2.9B and CN¥1.7B respectively. Anhui Tongyuan Environment Energy SavingLtd's EBIT is CN¥10.2M making its interest coverage ratio 3.8. It has cash and short-term investments of CN¥310.5M.
Key information
32.5%
Debt to equity ratio
CN¥369.98m
Debt
| Interest coverage ratio | 3.8x |
| Cash | CN¥310.53m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥1.74b |
| Total assets | CN¥2.87b |
Recent financial health updates
No updates
Recent updates
Anhui Tongyuan Environment Energy Saving Co.,Ltd's (SHSE:688679) Shares Bounce 28% But Its Business Still Trails The Industry
Nov 15
Anhui Tongyuan Environment Energy SavingLtd's (SHSE:688679) Problems Go Beyond Weak Profit
Nov 06Here's What's Concerning About Anhui Tongyuan Environment Energy SavingLtd's (SHSE:688679) Returns On Capital
Oct 28Some Shareholders Feeling Restless Over Anhui Tongyuan Environment Energy Saving Co.,Ltd's (SHSE:688679) P/E Ratio
Oct 01Some May Be Optimistic About Anhui Tongyuan Environment Energy SavingLtd's (SHSE:688679) Earnings
Apr 05Anhui Tongyuan Environment Energy Saving Co.,Ltd's (SHSE:688679) 26% Share Price Plunge Could Signal Some Risk
Feb 28Financial Position Analysis
Short Term Liabilities: 688679's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 688679's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥199.7M).
Debt to Equity History and Analysis
Debt Level: 688679's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 688679's debt to equity ratio has increased from 32.2% to 32.5% 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 (3.8x coverage).