AnHui Jinchun Nonwoven Balance Sheet Health
Financial Health criteria checks 5/6
AnHui Jinchun Nonwoven has a total shareholder equity of CN¥1.6B and total debt of CN¥149.9M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are CN¥1.8B and CN¥231.1M respectively. AnHui Jinchun Nonwoven's EBIT is CN¥10.0M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥703.1M.
Key information
9.6%
Debt to equity ratio
CN¥149.90m
Debt
Interest coverage ratio | -0.8x |
Cash | CN¥703.10m |
Equity | CN¥1.57b |
Total liabilities | CN¥231.13m |
Total assets | CN¥1.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300877's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥193.0M).
Long Term Liabilities: 300877's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥38.1M).
Debt to Equity History and Analysis
Debt Level: 300877 has more cash than its total debt.
Reducing Debt: 300877's debt to equity ratio has reduced from 36.1% to 9.6% over the past 5 years.
Debt Coverage: 300877's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 300877 earns more interest than it pays, so coverage of interest payments is not a concern.