Anhui Truchum Advanced Materials and Technology Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Truchum Advanced Materials and Technology has a total shareholder equity of CN¥7.0B and total debt of CN¥7.5B, which brings its debt-to-equity ratio to 107.5%. Its total assets and total liabilities are CN¥16.7B and CN¥9.7B respectively. Anhui Truchum Advanced Materials and Technology's EBIT is CN¥836.5M making its interest coverage ratio -29.5. It has cash and short-term investments of CN¥3.4B.
Key information
107.5%
Debt to equity ratio
CN¥7.54b
Debt
| Interest coverage ratio | -29.5x |
| Cash | CN¥3.38b |
| Equity | CN¥7.02b |
| Total liabilities | CN¥9.71b |
| Total assets | CN¥16.73b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002171's short term assets (CN¥10.9B) exceed its short term liabilities (CN¥7.3B).
Long Term Liabilities: 002171's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 002171's net debt to equity ratio (59.4%) is considered high.
Reducing Debt: 002171's debt to equity ratio has increased from 28.4% to 107.5% over the past 5 years.
Debt Coverage: 002171's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 002171 earns more interest than it pays, so coverage of interest payments is not a concern.