Asia-potash International Investment (Guangzhou)Co.Ltd Balance Sheet Health
Financial Health criteria checks 3/6
Asia-potash International Investment (Guangzhou)Co.Ltd has a total shareholder equity of CN¥12.7B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are CN¥16.4B and CN¥3.7B respectively. Asia-potash International Investment (Guangzhou)Co.Ltd's EBIT is CN¥1.2B making its interest coverage ratio 114.6. It has cash and short-term investments of CN¥564.4M.
Key information
14.5%
Debt to equity ratio
CN¥1.84b
Debt
| Interest coverage ratio | 114.6x |
| Cash | CN¥564.36m |
| Equity | CN¥12.69b |
| Total liabilities | CN¥3.73b |
| Total assets | CN¥16.42b |
Recent financial health updates
Recent updates
Asia-potash International Investment (Guangzhou)Co.Ltd (SZSE:000893) Has A Somewhat Strained Balance Sheet
Jun 11
We Think That There Are More Issues For Asia-potash International Investment (Guangzhou)Co.Ltd (SZSE:000893) Than Just Sluggish Earnings
May 06Asia-potash International Investment (Guangzhou)Co.,Ltd.'s (SZSE:000893) Earnings Are Not Doing Enough For Some Investors
Apr 17Financial Position Analysis
Short Term Liabilities: 000893's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 000893's short term assets (CN¥1.4B) do not cover its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 000893's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: 000893's debt to equity ratio has increased from 0% to 14.5% over the past 5 years.
Debt Coverage: 000893's debt is well covered by operating cash flow (72%).
Interest Coverage: 000893's interest payments on its debt are well covered by EBIT (114.6x coverage).