Anhui Sierte Fertilizer industry company Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Sierte Fertilizer industry company has a total shareholder equity of CN¥5.2B and total debt of CN¥105.4M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥6.3B and CN¥1.1B respectively. Anhui Sierte Fertilizer industry company's EBIT is CN¥143.2M making its interest coverage ratio -15.7. It has cash and short-term investments of CN¥722.0M.
Key information
2.0%
Debt to equity ratio
CN¥105.44m
Debt
Interest coverage ratio | -15.7x |
Cash | CN¥721.97m |
Equity | CN¥5.25b |
Total liabilities | CN¥1.09b |
Total assets | CN¥6.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002538's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥865.5M).
Long Term Liabilities: 002538's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥226.4M).
Debt to Equity History and Analysis
Debt Level: 002538 has more cash than its total debt.
Reducing Debt: 002538's debt to equity ratio has reduced from 18.5% to 2% over the past 5 years.
Debt Coverage: 002538's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002538 earns more interest than it pays, so coverage of interest payments is not a concern.