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¥230.1M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are CN¥2.1B and CN¥429.3M respectively. Kunshan Asia Aroma's EBIT is CN¥58.0M making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥227.9M.
Key information
14.1%
Debt to equity ratio
CN¥230.11m
Debt
| Interest coverage ratio | 12.6x |
| Cash | CN¥227.87m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥429.32m |
| Total assets | CN¥2.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301220's short term assets (CN¥957.9M) exceed its short term liabilities (CN¥374.1M).
Long Term Liabilities: 301220's short term assets (CN¥957.9M) exceed its long term liabilities (CN¥55.2M).
Debt to Equity History and Analysis
Debt Level: 301220's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: 301220's debt to equity ratio has reduced from 25.7% to 14.1% over the past 5 years.
Debt Coverage: 301220's debt is well covered by operating cash flow (29.8%).
Interest Coverage: 301220's interest payments on its debt are well covered by EBIT (12.6x coverage).