Andon Health Balance Sheet Health
Financial Health criteria checks 6/6
Andon Health has a total shareholder equity of CN¥20.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are CN¥22.2B and CN¥2.3B respectively. Andon Health's EBIT is CN¥929.8M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥9.2B.
Key information
5.3%
Debt to equity ratio
CN¥1.06b
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥9.21b |
| Equity | CN¥19.99b |
| Total liabilities | CN¥2.26b |
| Total assets | CN¥22.25b |
Financial Position Analysis
Short Term Liabilities: 002432's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002432's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002432 has more cash than its total debt.
Reducing Debt: 002432's debt to equity ratio has reduced from 15.2% to 5.3% over the past 5 years.
Debt Coverage: 002432's debt is well covered by operating cash flow (214.4%).
Interest Coverage: 002432 earns more interest than it pays, so coverage of interest payments is not a concern.