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¥539.6M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥3.2B and CN¥930.3M respectively.
Key information
24.2%
Debt to equity ratio
CN¥539.60m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.03b |
Equity | CN¥2.23b |
Total liabilities | CN¥930.28m |
Total assets | CN¥3.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688733's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥465.2M).
Long Term Liabilities: 688733's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥465.0M).
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 15% to 24.2% 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.