Anhui Huilong Agricultural Means of ProductionLtd Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Huilong Agricultural Means of ProductionLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 87.3%. Its total assets and total liabilities are CN¥11.1B and CN¥7.3B respectively. Anhui Huilong Agricultural Means of ProductionLtd's EBIT is CN¥75.1M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥1.1B.
Key information
87.3%
Debt to equity ratio
CN¥3.36b
Debt
| Interest coverage ratio | -2.1x |
| Cash | CN¥1.10b |
| Equity | CN¥3.84b |
| Total liabilities | CN¥7.29b |
| Total assets | CN¥11.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002556's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 002556's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 002556's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: 002556's debt to equity ratio has increased from 85.8% to 87.3% over the past 5 years.
Debt Coverage: 002556's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002556 earns more interest than it pays, so coverage of interest payments is not a concern.