Jiangsu Aoyang Health Industryltd Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Aoyang Health Industryltd has a total shareholder equity of CN¥113.5M and total debt of CN¥978.0M, which brings its debt-to-equity ratio to 861.4%. Its total assets and total liabilities are CN¥1.9B and CN¥1.8B respectively. Jiangsu Aoyang Health Industryltd's EBIT is CN¥80.6M making its interest coverage ratio 3.8. It has cash and short-term investments of CN¥388.5M.
Key information
861.4%
Debt to equity ratio
CN¥978.00m
Debt
| Interest coverage ratio | 3.8x |
| Cash | CN¥388.49m |
| Equity | CN¥113.53m |
| Total liabilities | CN¥1.82b |
| Total assets | CN¥1.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002172's short term assets (CN¥1.0B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002172's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥153.7M).
Debt to Equity History and Analysis
Debt Level: 002172's net debt to equity ratio (519.3%) is considered high.
Reducing Debt: 002172's debt to equity ratio has increased from 214.2% to 861.4% over the past 5 years.
Debt Coverage: 002172's debt is not well covered by operating cash flow (1%).
Interest Coverage: 002172's interest payments on its debt are well covered by EBIT (3.8x coverage).