Anhui Gujing Distillery Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Gujing Distillery has a total shareholder equity of CN¥24.9B and total debt of CN¥214.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥37.9B and CN¥13.0B respectively. Anhui Gujing Distillery's EBIT is CN¥7.4B making its interest coverage ratio -23.1. It has cash and short-term investments of CN¥17.0B.
Key information
0.9%
Debt to equity ratio
CN¥214.55m
Debt
| Interest coverage ratio | -23.1x |
| Cash | CN¥16.95b |
| Equity | CN¥24.90b |
| Total liabilities | CN¥12.96b |
| Total assets | CN¥37.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000596's short term assets (CN¥26.5B) exceed its short term liabilities (CN¥12.4B).
Long Term Liabilities: 000596's short term assets (CN¥26.5B) exceed its long term liabilities (CN¥546.5M).
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 0.9% over the past 5 years.
Debt Coverage: 000596's debt is well covered by operating cash flow (1920.7%).
Interest Coverage: 000596 earns more interest than it pays, so coverage of interest payments is not a concern.