Anhui Guofeng New Materials Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Guofeng New Materials has a total shareholder equity of CN¥2.8B and total debt of CN¥415.0M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are CN¥4.1B and CN¥1.3B respectively.
Key information
14.9%
Debt to equity ratio
CN¥415.03m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥331.33m |
| Equity | CN¥2.78b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥4.08b |
Recent financial health updates
Recent updates
Optimistic Investors Push Anhui Guofeng New Materials Co., Ltd. (SZSE:000859) Shares Up 33% But Growth Is Lacking
Sep 03
Anhui Guofeng New Materials Co., Ltd. (SZSE:000859) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Jul 15Why Investors Shouldn't Be Surprised By Anhui Guofeng New Materials Co., Ltd.'s (SZSE:000859) P/S
Apr 21Is Anhui Guofeng New Materials (SZSE:000859) A Risky Investment?
Feb 28Financial Position Analysis
Short Term Liabilities: 000859's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥924.3M).
Long Term Liabilities: 000859's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥367.5M).
Debt to Equity History and Analysis
Debt Level: 000859's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 000859's debt to equity ratio has increased from 2.1% to 14.9% over the past 5 years.
Debt Coverage: 000859's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: Insufficient data to determine if 000859's interest payments on its debt are well covered by EBIT.