Anhui Sierte Fertilizer industry company Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Sierte Fertilizer industry company has a total shareholder equity of CN¥5.3B and total debt of CN¥105.4M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥6.6B and CN¥1.3B respectively. Anhui Sierte Fertilizer industry company's EBIT is CN¥116.4M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥882.6M.
Key information
2.0%
Debt to equity ratio
CN¥105.44m
Debt
Interest coverage ratio | -7.7x |
Cash | CN¥882.63m |
Equity | CN¥5.32b |
Total liabilities | CN¥1.26b |
Total assets | CN¥6.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002538's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002538's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥221.8M).
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 20.5% to 2% over the past 5 years.
Debt Coverage: 002538's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 002538 earns more interest than it pays, so coverage of interest payments is not a concern.