Anhui Liuguo Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Liuguo Chemical has a total shareholder equity of CN¥2.1B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 103.9%. Its total assets and total liabilities are CN¥6.7B and CN¥4.6B respectively. Anhui Liuguo Chemical's EBIT is CN¥114.2M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥1.4B.
Key information
103.9%
Debt to equity ratio
CN¥2.19b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥1.43b |
| Equity | CN¥2.11b |
| Total liabilities | CN¥4.63b |
| Total assets | CN¥6.74b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Anhui Liuguo Chemical Co., Ltd.'s (SHSE:600470) Muted Revenues Despite A 42% Share Price Rise
Nov 22
Anhui Liuguo Chemical (SHSE:600470) Shareholders Will Want The ROCE Trajectory To Continue
Jun 06Revenues Working Against Anhui Liuguo Chemical Co., Ltd.'s (SHSE:600470) Share Price Following 25% Dive
Jun 06Anhui Liuguo Chemical's (SHSE:600470) Soft Earnings Don't Show The Whole Picture
Apr 26Financial Position Analysis
Short Term Liabilities: 600470's short term assets (CN¥3.5B) do not cover its short term liabilities (CN¥3.9B).
Long Term Liabilities: 600470's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥735.5M).
Debt to Equity History and Analysis
Debt Level: 600470's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: 600470's debt to equity ratio has reduced from 126.1% to 103.9% over the past 5 years.
Debt Coverage: 600470's debt is well covered by operating cash flow (30.6%).
Interest Coverage: 600470's interest payments on its debt are well covered by EBIT (4.9x coverage).