Anhui Anli Material Technology Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Anli Material Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥150.8M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CN¥2.2B and CN¥709.7M respectively. Anhui Anli Material Technology's EBIT is CN¥137.3M making its interest coverage ratio 13.5. It has cash and short-term investments of CN¥409.7M.
Key information
10.4%
Debt to equity ratio
CN¥150.84m
Debt
| Interest coverage ratio | 13.5x |
| Cash | CN¥409.66m |
| Equity | CN¥1.44b |
| Total liabilities | CN¥709.74m |
| Total assets | CN¥2.15b |
Financial Position Analysis
Short Term Liabilities: 300218's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥639.2M).
Long Term Liabilities: 300218's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥70.5M).
Debt to Equity History and Analysis
Debt Level: 300218 has more cash than its total debt.
Reducing Debt: 300218's debt to equity ratio has reduced from 40% to 10.4% over the past 5 years.
Debt Coverage: 300218's debt is well covered by operating cash flow (201.3%).
Interest Coverage: 300218's interest payments on its debt are well covered by EBIT (13.5x coverage).