Apple Flavor & Fragrance GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Apple Flavor & Fragrance GroupLtd has a total shareholder equity of CN¥3.5B and total debt of CN¥115.8M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥3.9B and CN¥412.7M respectively. Apple Flavor & Fragrance GroupLtd's EBIT is CN¥111.9M making its interest coverage ratio -5.4. It has cash and short-term investments of CN¥1.3B.
Key information
3.3%
Debt to equity ratio
CN¥115.80m
Debt
| Interest coverage ratio | -5.4x |
| Cash | CN¥1.29b |
| Equity | CN¥3.48b |
| Total liabilities | CN¥412.69m |
| Total assets | CN¥3.89b |
Recent financial health updates
No updates
Recent updates
Apple Flavor & Fragrance GroupLtd's (SHSE:603020) Profits Appear To Have Quality Issues
Nov 06
Unpleasant Surprises Could Be In Store For Apple Flavor & Fragrance Group Co.,Ltd.'s (SHSE:603020) Shares
Sep 30Apple Flavor & Fragrance GroupLtd's (SHSE:603020) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 06Optimistic Investors Push Apple Flavor & Fragrance Group Co.,Ltd. (SHSE:603020) Shares Up 28% But Growth Is Lacking
Apr 02There Are Reasons To Feel Uneasy About Apple Flavor & Fragrance GroupLtd's (SHSE:603020) Returns On Capital
Apr 01Financial Position Analysis
Short Term Liabilities: 603020's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥349.4M).
Long Term Liabilities: 603020's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥63.3M).
Debt to Equity History and Analysis
Debt Level: 603020 has more cash than its total debt.
Reducing Debt: 603020's debt to equity ratio has increased from 1.1% to 3.3% over the past 5 years.
Debt Coverage: 603020's debt is well covered by operating cash flow (281.2%).
Interest Coverage: 603020 earns more interest than it pays, so coverage of interest payments is not a concern.