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¥4.0B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 89.6%. Its total assets and total liabilities are CN¥12.4B and CN¥8.4B respectively.
Key information
89.6%
Debt to equity ratio
CN¥3.57b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.69b |
Equity | CN¥3.99b |
Total liabilities | CN¥8.40b |
Total assets | CN¥12.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002556's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 002556's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 002556's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: 002556's debt to equity ratio has reduced from 102% to 89.6% over the past 5 years.
Debt Coverage: 002556's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002556's interest payments on its debt are well covered by EBIT.