Andon Health Balance Sheet Health
Financial Health criteria checks 6/6
Andon Health has a total shareholder equity of CN¥19.4B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are CN¥23.4B and CN¥4.0B respectively. Andon Health's EBIT is CN¥441.0M making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥10.1B.
Key information
14.5%
Debt to equity ratio
CN¥2.81b
Debt
Interest coverage ratio | -0.6x |
Cash | CN¥10.10b |
Equity | CN¥19.42b |
Total liabilities | CN¥3.96b |
Total assets | CN¥23.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002432's short term assets (CN¥10.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002432's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥2.6B).
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 16.1% to 14.5% over the past 5 years.
Debt Coverage: 002432's debt is well covered by operating cash flow (41.4%).
Interest Coverage: 002432 earns more interest than it pays, so coverage of interest payments is not a concern.