AVIC Industry-Finance Holdings Balance Sheet Health
Financial Health criteria checks 1/6
AVIC Industry-Finance Holdings has a total shareholder equity of CN¥65.8B and total debt of CN¥199.7B, which brings its debt-to-equity ratio to 303.4%. Its total assets and total liabilities are CN¥442.4B and CN¥376.6B respectively.
Key information
303.4%
Debt to equity ratio
CN¥199.67b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥116.88b |
| Equity | CN¥65.80b |
| Total liabilities | CN¥376.59b |
| Total assets | CN¥442.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600705's short term assets (CN¥254.0B) do not cover its short term liabilities (CN¥268.4B).
Long Term Liabilities: 600705's short term assets (CN¥254.0B) exceed its long term liabilities (CN¥108.2B).
Debt to Equity History and Analysis
Debt Level: 600705's net debt to equity ratio (125.8%) is considered high.
Reducing Debt: 600705's debt to equity ratio has increased from 272.7% to 303.4% over the past 5 years.
Debt Coverage: 600705's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: Insufficient data to determine if 600705's interest payments on its debt are well covered by EBIT.