Anhui Guangxin Agrochemical Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Guangxin Agrochemical has a total shareholder equity of CN¥9.5B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are CN¥15.5B and CN¥6.0B respectively. Anhui Guangxin Agrochemical's EBIT is CN¥511.3M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥11.1B.
Key information
39.3%
Debt to equity ratio
CN¥3.73b
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥11.09b |
| Equity | CN¥9.49b |
| Total liabilities | CN¥6.04b |
| Total assets | CN¥15.52b |
Recent financial health updates
Anhui Guangxin Agrochemical (SHSE:603599) Has A Rock Solid Balance Sheet
Oct 10
Anhui Guangxin Agrochemical (SHSE:603599) Has A Pretty Healthy Balance Sheet
May 21Recent updates
Anhui Guangxin Agrochemical's (SHSE:603599) Anemic Earnings Might Be Worse Than You Think
Nov 04Anhui Guangxin Agrochemical (SHSE:603599) Has A Rock Solid Balance Sheet
Oct 10A Look At The Fair Value Of Anhui Guangxin Agrochemical Co., Ltd. (SHSE:603599)
Sep 25Returns On Capital At Anhui Guangxin Agrochemical (SHSE:603599) Have Stalled
Aug 23Anhui Guangxin Agrochemical Co., Ltd.'s (SHSE:603599) Intrinsic Value Is Potentially 17% Below Its Share Price
Jun 26Anhui Guangxin Agrochemical (SHSE:603599) Has A Pretty Healthy Balance Sheet
May 21Anhui Guangxin Agrochemical's (SHSE:603599) Anemic Earnings Might Be Worse Than You Think
May 02News Flash: 3 Analysts Think Anhui Guangxin Agrochemical Co., Ltd. (SHSE:603599) Earnings Are Under Threat
Apr 30There Is A Reason Anhui Guangxin Agrochemical Co., Ltd.'s (SHSE:603599) Price Is Undemanding
Mar 19Financial Position Analysis
Short Term Liabilities: 603599's short term assets (CN¥12.8B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 603599's short term assets (CN¥12.8B) exceed its long term liabilities (CN¥110.9M).
Debt to Equity History and Analysis
Debt Level: 603599 has more cash than its total debt.
Reducing Debt: 603599's debt to equity ratio has increased from 0% to 39.3% over the past 5 years.
Debt Coverage: 603599's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 603599 earns more interest than it pays, so coverage of interest payments is not a concern.