Anhui Jiangnan Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Jiangnan Chemical IndustryLtd has a total shareholder equity of CN¥10.1B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are CN¥16.9B and CN¥6.8B respectively. Anhui Jiangnan Chemical IndustryLtd's EBIT is CN¥1.5B making its interest coverage ratio 12.1. It has cash and short-term investments of CN¥1.9B.
Key information
44.7%
Debt to equity ratio
CN¥4.52b
Debt
Interest coverage ratio | 12.1x |
Cash | CN¥1.93b |
Equity | CN¥10.12b |
Total liabilities | CN¥6.81b |
Total assets | CN¥16.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002226's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002226's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 002226's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: 002226's debt to equity ratio has reduced from 63.5% to 44.7% over the past 5 years.
Debt Coverage: 002226's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 002226's interest payments on its debt are well covered by EBIT (12.1x coverage).