Anhui Genuine NewMaterialsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Genuine NewMaterialsLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥246.4M respectively. Anhui Genuine NewMaterialsLtd's EBIT is CN¥188.1M making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥1.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.4x |
| Cash | CN¥1.01b |
| Equity | CN¥1.51b |
| Total liabilities | CN¥246.42m |
| Total assets | CN¥1.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603429's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥217.7M).
Long Term Liabilities: 603429's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥28.8M).
Debt to Equity History and Analysis
Debt Level: 603429 is debt free.
Reducing Debt: 603429 has no debt compared to 5 years ago when its debt to equity ratio was 3.2%.
Debt Coverage: 603429 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603429 has no debt, therefore coverage of interest payments is not a concern.