Anhui Guofeng New Materials Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Guofeng New Materials has a total shareholder equity of CN¥2.8B and total debt of CN¥281.9M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are CN¥3.9B and CN¥1.1B respectively.
Key information
9.9%
Debt to equity ratio
CN¥281.89m
Debt
Interest coverage ratio | n/a |
Cash | CN¥330.34m |
Equity | CN¥2.84b |
Total liabilities | CN¥1.11b |
Total assets | CN¥3.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000859's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥752.9M).
Long Term Liabilities: 000859's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥356.2M).
Debt to Equity History and Analysis
Debt Level: 000859 has more cash than its total debt.
Reducing Debt: 000859's debt to equity ratio has increased from 2.3% to 9.9% over the past 5 years.
Debt Coverage: 000859's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: Insufficient data to determine if 000859's interest payments on its debt are well covered by EBIT.