Anhui Xinli Finance Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Xinli Finance has a total shareholder equity of CN¥2.1B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are CN¥4.3B and CN¥2.2B respectively.
Key information
67.3%
Debt to equity ratio
CN¥1.43b
Debt
Interest coverage ratio | n/a |
Cash | CN¥173.46m |
Equity | CN¥2.13b |
Total liabilities | CN¥2.20b |
Total assets | CN¥4.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600318's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 600318's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥632.4M).
Debt to Equity History and Analysis
Debt Level: 600318's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: 600318's debt to equity ratio has reduced from 106.8% to 67.3% over the past 5 years.
Debt Coverage: 600318's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: Insufficient data to determine if 600318's interest payments on its debt are well covered by EBIT.