ABA Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
ABA Chemicals has a total shareholder equity of CN¥2.4B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are CN¥4.1B and CN¥1.7B respectively.
Key information
44.7%
Debt to equity ratio
CN¥1.07b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥246.70m |
| Equity | CN¥2.40b |
| Total liabilities | CN¥1.72b |
| Total assets | CN¥4.13b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300261's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 300261's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥284.2M).
Debt to Equity History and Analysis
Debt Level: 300261's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: 300261's debt to equity ratio has increased from 42.6% to 44.7% over the past 5 years.
Debt Coverage: 300261's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300261's interest payments on its debt are well covered by EBIT.