Anhui Truchum Advanced Materials and Technology Balance Sheet Health
Financial Health criteria checks 2/6
Anhui Truchum Advanced Materials and Technology has a total shareholder equity of CN¥6.9B and total debt of CN¥10.1B, which brings its debt-to-equity ratio to 146.5%. Its total assets and total liabilities are CN¥19.5B and CN¥12.6B respectively. Anhui Truchum Advanced Materials and Technology's EBIT is CN¥276.6M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥3.3B.
Key information
146.5%
Debt to equity ratio
CN¥10.05b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥3.28b |
| Equity | CN¥6.86b |
| Total liabilities | CN¥12.63b |
| Total assets | CN¥19.49b |
Recent financial health updates
Anhui Truchum Advanced Materials and Technology (SZSE:002171) Has A Somewhat Strained Balance Sheet
Jun 12
Here's Why Anhui Truchum Advanced Materials and Technology (SZSE:002171) Has A Meaningful Debt Burden
Mar 06Recent updates
Potential Upside For Anhui Truchum Advanced Materials and Technology Co., Ltd. (SZSE:002171) Not Without Risk
Oct 13We Like These Underlying Return On Capital Trends At Anhui Truchum Advanced Materials and Technology (SZSE:002171)
Aug 20Anhui Truchum Advanced Materials and Technology (SZSE:002171) Has A Somewhat Strained Balance Sheet
Jun 12Investors Still Aren't Entirely Convinced By Anhui Truchum Advanced Materials and Technology Co., Ltd.'s (SZSE:002171) Earnings Despite 29% Price Jump
Mar 22Here's Why Anhui Truchum Advanced Materials and Technology (SZSE:002171) Has A Meaningful Debt Burden
Mar 06Financial Position Analysis
Short Term Liabilities: 002171's short term assets (CN¥13.4B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 002171's short term assets (CN¥13.4B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 002171's net debt to equity ratio (98.8%) is considered high.
Reducing Debt: 002171's debt to equity ratio has increased from 29.2% to 146.5% over the past 5 years.
Debt Coverage: 002171's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002171's interest payments on its debt are not well covered by EBIT (1.9x coverage).