Anhui Gujing Distillery Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Gujing Distillery has a total shareholder equity of CN¥23.7B and total debt of CN¥175.5M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥36.6B and CN¥12.8B respectively. Anhui Gujing Distillery's EBIT is CN¥7.1B making its interest coverage ratio -21. It has cash and short-term investments of CN¥15.9B.
Key information
0.7%
Debt to equity ratio
CN¥175.50m
Debt
| Interest coverage ratio | -21x |
| Cash | CN¥15.87b |
| Equity | CN¥23.73b |
| Total liabilities | CN¥12.83b |
| Total assets | CN¥36.56b |
Recent financial health updates
Is Anhui Gujing Distillery (SZSE:000596) Using Too Much Debt?
Sep 01
Anhui Gujing Distillery (SZSE:000596) Has A Rock Solid Balance Sheet
May 21Recent updates
Results: Anhui Gujing Distillery Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Sep 03Is Anhui Gujing Distillery (SZSE:000596) Using Too Much Debt?
Sep 01At CN¥181, Is It Time To Put Anhui Gujing Distillery Co., Ltd. (SZSE:000596) On Your Watch List?
Aug 15Lacklustre Performance Is Driving Anhui Gujing Distillery Co., Ltd.'s (SZSE:000596) Low P/E
Jul 15Is Anhui Gujing Distillery Co., Ltd. (SZSE:000596) Trading At A 46% Discount?
Jun 04Anhui Gujing Distillery (SZSE:000596) Has A Rock Solid Balance Sheet
May 21Anhui Gujing Distillery's (SZSE:000596) Earnings Are Of Questionable Quality
May 03The Anhui Gujing Distillery Co., Ltd. (SZSE:000596) First-Quarter Results Are Out And Analysts Have Published New Forecasts
May 01Capital Investments At Anhui Gujing Distillery (SZSE:000596) Point To A Promising Future
Apr 10Is It Time To Consider Buying Anhui Gujing Distillery Co., Ltd. (SZSE:000596)?
Feb 29Financial Position Analysis
Short Term Liabilities: 000596's short term assets (CN¥25.8B) exceed its short term liabilities (CN¥12.3B).
Long Term Liabilities: 000596's short term assets (CN¥25.8B) exceed its long term liabilities (CN¥545.8M).
Debt to Equity History and Analysis
Debt Level: 000596 has more cash than its total debt.
Reducing Debt: 000596's debt to equity ratio has reduced from 6% to 0.7% over the past 5 years.
Debt Coverage: 000596's debt is well covered by operating cash flow (2152.8%).
Interest Coverage: 000596 earns more interest than it pays, so coverage of interest payments is not a concern.