Anzheng Fashion Group Balance Sheet Health
Financial Health criteria checks 5/6
Anzheng Fashion Group has a total shareholder equity of CN¥2.0B and total debt of CN¥225.2M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥2.8B and CN¥719.0M respectively. Anzheng Fashion Group's EBIT is CN¥43.8M making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥633.0M.
Key information
11.0%
Debt to equity ratio
CN¥225.24m
Debt
Interest coverage ratio | -5.6x |
Cash | CN¥632.99m |
Equity | CN¥2.04b |
Total liabilities | CN¥719.04m |
Total assets | CN¥2.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603839's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥643.3M).
Long Term Liabilities: 603839's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥75.7M).
Debt to Equity History and Analysis
Debt Level: 603839 has more cash than its total debt.
Reducing Debt: 603839's debt to equity ratio has increased from 0.5% to 11% over the past 5 years.
Debt Coverage: 603839's debt is well covered by operating cash flow (58.4%).
Interest Coverage: 603839 earns more interest than it pays, so coverage of interest payments is not a concern.