Anhui Yingjia Distillery Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Yingjia Distillery has a total shareholder equity of CN¥9.3B and total debt of CN¥12.8M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥12.1B and CN¥2.8B respectively. Anhui Yingjia Distillery's EBIT is CN¥3.4B making its interest coverage ratio -44.1. It has cash and short-term investments of CN¥3.6B.
Key information
0.1%
Debt to equity ratio
CN¥12.83m
Debt
| Interest coverage ratio | -44.1x |
| Cash | CN¥3.63b |
| Equity | CN¥9.29b |
| Total liabilities | CN¥2.77b |
| Total assets | CN¥12.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603198's short term assets (CN¥8.9B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 603198's short term assets (CN¥8.9B) exceed its long term liabilities (CN¥150.7M).
Debt to Equity History and Analysis
Debt Level: 603198 has more cash than its total debt.
Reducing Debt: 603198's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 603198's debt is well covered by operating cash flow (18939.7%).
Interest Coverage: 603198 earns more interest than it pays, so coverage of interest payments is not a concern.