Anhui Gujing Distillery Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Gujing Distillery has a total shareholder equity of CN¥24.5B and total debt of CN¥207.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥40.5B and CN¥16.0B respectively. Anhui Gujing Distillery's EBIT is CN¥6.8B making its interest coverage ratio -45.8. It has cash and short-term investments of CN¥17.3B.
Key information
0.8%
Debt to equity ratio
CN¥206.96m
Debt
Interest coverage ratio | -45.8x |
Cash | CN¥17.32b |
Equity | CN¥24.54b |
Total liabilities | CN¥15.99b |
Total assets | CN¥40.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000596's short term assets (CN¥30.1B) exceed its short term liabilities (CN¥15.4B).
Long Term Liabilities: 000596's short term assets (CN¥30.1B) exceed its long term liabilities (CN¥607.9M).
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 increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 000596's debt is well covered by operating cash flow (1870.7%).
Interest Coverage: 000596 earns more interest than it pays, so coverage of interest payments is not a concern.