Anhui Korrun Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Korrun has a total shareholder equity of CN¥2.5B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are CN¥5.1B and CN¥2.6B respectively. Anhui Korrun's EBIT is CN¥324.5M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥816.0M.
Key information
52.2%
Debt to equity ratio
CN¥1.30b
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥816.03m |
| Equity | CN¥2.48b |
| Total liabilities | CN¥2.61b |
| Total assets | CN¥5.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300577's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300577's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥580.4M).
Debt to Equity History and Analysis
Debt Level: 300577's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 300577's debt to equity ratio has increased from 9.4% to 52.2% over the past 5 years.
Debt Coverage: 300577's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 300577 earns more interest than it pays, so coverage of interest payments is not a concern.