Jiangsu Aoyang Health Industryltd Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Aoyang Health Industryltd has a total shareholder equity of CN¥112.0M and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 895.4%. Its total assets and total liabilities are CN¥2.0B and CN¥1.9B respectively. Jiangsu Aoyang Health Industryltd's EBIT is CN¥85.0M making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥443.6M.
Key information
895.4%
Debt to equity ratio
CN¥1.00b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥443.55m |
| Equity | CN¥111.96m |
| Total liabilities | CN¥1.87b |
| Total assets | CN¥1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002172's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002172's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥164.5M).
Debt to Equity History and Analysis
Debt Level: 002172's net debt to equity ratio (499.2%) is considered high.
Reducing Debt: 002172's debt to equity ratio has increased from 199.9% to 895.4% over the past 5 years.
Debt Coverage: 002172's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002172's interest payments on its debt are well covered by EBIT (5.6x coverage).