Anhui Kouzi Distillery Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Kouzi Distillery has a total shareholder equity of CN¥10.3B and total debt of CN¥2.4M, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥13.0B and CN¥2.7B respectively. Anhui Kouzi Distillery's EBIT is CN¥2.4B making its interest coverage ratio -165.1. It has cash and short-term investments of CN¥1.9B.
Key information
0.02%
Debt to equity ratio
CN¥2.45m
Debt
Interest coverage ratio | -165.1x |
Cash | CN¥1.86b |
Equity | CN¥10.33b |
Total liabilities | CN¥2.67b |
Total assets | CN¥12.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603589's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 603589's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥191.9M).
Debt to Equity History and Analysis
Debt Level: 603589 has more cash than its total debt.
Reducing Debt: 603589's debt to equity ratio has increased from 0% to 0.02% over the past 5 years.
Debt Coverage: 603589's debt is well covered by operating cash flow (42389%).
Interest Coverage: 603589 earns more interest than it pays, so coverage of interest payments is not a concern.