Anhui Tongguan Copper Foil Group Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Tongguan Copper Foil Group has a total shareholder equity of CN¥5.6B and total debt of CN¥732.3M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥7.1B and CN¥1.6B respectively.
Key information
13.2%
Debt to equity ratio
CN¥732.34m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.54b |
Equity | CN¥5.55b |
Total liabilities | CN¥1.58b |
Total assets | CN¥7.14b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301217's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 301217's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥416.8M).
Debt to Equity History and Analysis
Debt Level: 301217 has more cash than its total debt.
Reducing Debt: 301217's debt to equity ratio has reduced from 41.2% to 13.2% over the past 5 years.
Debt Coverage: 301217's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301217's interest payments on its debt are well covered by EBIT.