Kunshan Asia Aroma Balance Sheet Health
Financial Health criteria checks 6/6
Kunshan Asia Aroma has a total shareholder equity of CN¥1.6B and total debt of CN¥198.8M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are CN¥1.9B and CN¥276.4M respectively. Kunshan Asia Aroma's EBIT is CN¥69.8M making its interest coverage ratio 14.9. It has cash and short-term investments of CN¥394.1M.
Key information
12.6%
Debt to equity ratio
CN¥198.85m
Debt
Interest coverage ratio | 14.9x |
Cash | CN¥394.12m |
Equity | CN¥1.58b |
Total liabilities | CN¥276.41m |
Total assets | CN¥1.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301220's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥241.0M).
Long Term Liabilities: 301220's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥35.4M).
Debt to Equity History and Analysis
Debt Level: 301220 has more cash than its total debt.
Reducing Debt: 301220's debt to equity ratio has reduced from 14.8% to 12.6% over the past 5 years.
Debt Coverage: 301220's debt is well covered by operating cash flow (33.7%).
Interest Coverage: 301220's interest payments on its debt are well covered by EBIT (14.9x coverage).