AVIC Industry-Finance Holdings Balance Sheet Health
Financial Health criteria checks 2/6
AVIC Industry-Finance Holdings has a total shareholder equity of CN¥64.7B and total debt of CN¥191.5B, which brings its debt-to-equity ratio to 296.1%. Its total assets and total liabilities are CN¥454.2B and CN¥389.5B respectively.
Key information
296.1%
Debt to equity ratio
CN¥191.45b
Debt
Interest coverage ratio | n/a |
Cash | CN¥134.17b |
Equity | CN¥64.65b |
Total liabilities | CN¥389.52b |
Total assets | CN¥454.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600705's short term assets (CN¥262.2B) do not cover its short term liabilities (CN¥266.8B).
Long Term Liabilities: 600705's short term assets (CN¥262.2B) exceed its long term liabilities (CN¥122.7B).
Debt to Equity History and Analysis
Debt Level: 600705's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: 600705's debt to equity ratio has reduced from 348.2% to 296.1% over the past 5 years.
Debt Coverage: 600705's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: Insufficient data to determine if 600705's interest payments on its debt are well covered by EBIT.