Anhui Jiangnan Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Jiangnan Chemical IndustryLtd has a total shareholder equity of CN¥10.6B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are CN¥17.8B and CN¥7.1B respectively. Anhui Jiangnan Chemical IndustryLtd's EBIT is CN¥1.4B making its interest coverage ratio 12.6. It has cash and short-term investments of CN¥2.2B.
Key information
42.9%
Debt to equity ratio
CN¥4.57b
Debt
| Interest coverage ratio | 12.6x |
| Cash | CN¥2.21b |
| Equity | CN¥10.64b |
| Total liabilities | CN¥7.13b |
| Total assets | CN¥17.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002226's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002226's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 002226's net debt to equity ratio (22.2%) is considered satisfactory.
Reducing Debt: 002226's debt to equity ratio has reduced from 56.9% to 42.9% over the past 5 years.
Debt Coverage: 002226's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 002226's interest payments on its debt are well covered by EBIT (12.6x coverage).