Jiangsu Aoyang Health Industryltd Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Aoyang Health Industryltd has a total shareholder equity of CN¥108.7M and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 1078.6%. Its total assets and total liabilities are CN¥2.2B and CN¥2.1B respectively. Jiangsu Aoyang Health Industryltd's EBIT is CN¥94.5M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥552.2M.
Key information
1,078.6%
Debt to equity ratio
CN¥1.17b
Debt
Interest coverage ratio | 4.9x |
Cash | CN¥552.19m |
Equity | CN¥108.69m |
Total liabilities | CN¥2.09b |
Total assets | CN¥2.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002172's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002172's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥169.4M).
Debt to Equity History and Analysis
Debt Level: 002172's net debt to equity ratio (570.5%) is considered high.
Reducing Debt: 002172's debt to equity ratio has increased from 172.2% to 1078.6% over the past 5 years.
Debt Coverage: 002172's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002172's interest payments on its debt are well covered by EBIT (4.9x coverage).