Anhui Genuine NewMaterialsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Genuine NewMaterialsLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥200.4M respectively. Anhui Genuine NewMaterialsLtd's EBIT is CN¥113.9M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥767.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥767.75m |
| Equity | CN¥1.29b |
| Total liabilities | CN¥200.39m |
| Total assets | CN¥1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603429's short term assets (CN¥943.8M) exceed its short term liabilities (CN¥169.2M).
Long Term Liabilities: 603429's short term assets (CN¥943.8M) exceed its long term liabilities (CN¥31.2M).
Debt to Equity History and Analysis
Debt Level: 603429 is debt free.
Reducing Debt: 603429 has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Debt Coverage: 603429 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603429 has no debt, therefore coverage of interest payments is not a concern.