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¥13.1B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are CN¥17.4B and CN¥4.4B respectively. Asia-potash International Investment (Guangzhou)Co.Ltd's EBIT is CN¥927.3M making its interest coverage ratio 48.3. It has cash and short-term investments of CN¥700.1M.
Key information
15.9%
Debt to equity ratio
CN¥2.08b
Debt
Interest coverage ratio | 48.3x |
Cash | CN¥700.12m |
Equity | CN¥13.06b |
Total liabilities | CN¥4.38b |
Total assets | CN¥17.44b |
Recent financial health updates
Asia-potash International Investment (Guangzhou)Co.Ltd (SZSE:000893) Has A Somewhat Strained Balance Sheet
Sep 17Asia-potash International Investment (Guangzhou)Co.Ltd (SZSE:000893) Has A Somewhat Strained Balance Sheet
Jun 11Recent updates
Asia-potash International Investment (Guangzhou)Co.,Ltd.'s (SZSE:000893) Shares Leap 30% Yet They're Still Not Telling The Full Story
Nov 11Asia-potash International Investment (Guangzhou)Co.Ltd (SZSE:000893) Is Experiencing Growth In Returns On Capital
Oct 23Asia-potash International Investment (Guangzhou)Co.Ltd (SZSE:000893) Has A Somewhat Strained Balance Sheet
Sep 17Investors Holding Back On Asia-potash International Investment (Guangzhou)Co.,Ltd. (SZSE:000893)
Aug 05Returns At Asia-potash International Investment (Guangzhou)Co.Ltd (SZSE:000893) Are On The Way Up
Jun 30Asia-potash International Investment (Guangzhou)Co.Ltd (SZSE:000893) Has A Somewhat Strained Balance Sheet
Jun 11We 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¥2.6B).
Long Term Liabilities: 000893's short term assets (CN¥1.4B) do not cover its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 000893's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: 000893's debt to equity ratio has increased from 0% to 15.9% over the past 5 years.
Debt Coverage: 000893's debt is well covered by operating cash flow (50.3%).
Interest Coverage: 000893's interest payments on its debt are well covered by EBIT (48.3x coverage).