Anhui Estone Materials TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Estone Materials TechnologyLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥488.6M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are CN¥3.1B and CN¥905.1M respectively.
Key information
22.0%
Debt to equity ratio
CN¥488.64m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥790.64m |
| Equity | CN¥2.22b |
| Total liabilities | CN¥905.06m |
| Total assets | CN¥3.12b |
Recent financial health updates
Recent updates
Investors Appear Satisfied With Anhui Estone Materials Technology Co.,Ltd's (SHSE:688733) Prospects As Shares Rocket 34%
Oct 26
Health Check: How Prudently Does Anhui Estone Materials TechnologyLtd (SHSE:688733) Use Debt?
Oct 18Why Anhui Estone Materials TechnologyLtd's (SHSE:688733) Soft Earnings Are Just The Beginning Of Its Problems
Sep 05With Anhui Estone Materials Technology Co.,Ltd (SHSE:688733) It Looks Like You'll Get What You Pay For
Aug 30Anhui Estone Materials Technology Co.,Ltd's (SHSE:688733) Share Price Is Still Matching Investor Opinion Despite 28% Slump
Apr 21Why Investors Shouldn't Be Surprised By Anhui Estone Materials Technology Co.,Ltd's (SHSE:688733) 27% Share Price Surge
Mar 04Financial Position Analysis
Short Term Liabilities: 688733's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥451.1M).
Long Term Liabilities: 688733's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥454.0M).
Debt to Equity History and Analysis
Debt Level: 688733 has more cash than its total debt.
Reducing Debt: 688733's debt to equity ratio has increased from 4.9% to 22% over the past 5 years.
Debt Coverage: 688733's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688733's interest payments on its debt are well covered by EBIT.