ABA Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
ABA Chemicals has a total shareholder equity of CN¥2.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are CN¥4.2B and CN¥1.8B respectively.
Key information
48.1%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥346.59m |
| Equity | CN¥2.41b |
| Total liabilities | CN¥1.78b |
| Total assets | CN¥4.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300261's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300261's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥260.1M).
Debt to Equity History and Analysis
Debt Level: 300261's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: 300261's debt to equity ratio has increased from 39.9% to 48.1% over the past 5 years.
Debt Coverage: 300261's debt is well covered by operating cash flow (22%).
Interest Coverage: Insufficient data to determine if 300261's interest payments on its debt are well covered by EBIT.