Anhui Xinbo Aluminum Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Xinbo Aluminum has a total shareholder equity of CN¥3.1B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 151.7%. Its total assets and total liabilities are CN¥8.6B and CN¥5.5B respectively. Anhui Xinbo Aluminum's EBIT is CN¥361.2M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥2.5B.
Key information
151.7%
Debt to equity ratio
CN¥4.63b
Debt
| Interest coverage ratio | 5.4x |
| Cash | CN¥2.50b |
| Equity | CN¥3.05b |
| Total liabilities | CN¥5.54b |
| Total assets | CN¥8.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 003038's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 003038's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥704.1M).
Debt to Equity History and Analysis
Debt Level: 003038's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: 003038's debt to equity ratio has increased from 58.4% to 151.7% over the past 5 years.
Debt Coverage: 003038's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 003038's interest payments on its debt are well covered by EBIT (5.4x coverage).