Apple Flavor & Fragrance GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Apple Flavor & Fragrance GroupLtd has a total shareholder equity of CN¥3.4B and total debt of CN¥113.1M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥3.8B and CN¥409.5M respectively. Apple Flavor & Fragrance GroupLtd's EBIT is CN¥97.0M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥1.2B.
Key information
3.3%
Debt to equity ratio
CN¥113.15m
Debt
Interest coverage ratio | -5.5x |
Cash | CN¥1.21b |
Equity | CN¥3.44b |
Total liabilities | CN¥409.54m |
Total assets | CN¥3.85b |
Recent financial health updates
No updates
Recent updates
Apple 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¥343.8M).
Long Term Liabilities: 603020's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥65.8M).
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 0.2% to 3.3% over the past 5 years.
Debt Coverage: 603020's debt is well covered by operating cash flow (308.2%).
Interest Coverage: 603020 earns more interest than it pays, so coverage of interest payments is not a concern.