Anhui Jinhe IndustrialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Jinhe IndustrialLtd has a total shareholder equity of CN¥7.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥10.2B and CN¥2.8B respectively. Anhui Jinhe IndustrialLtd's EBIT is CN¥538.7M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥3.1B.
Key information
21.2%
Debt to equity ratio
CN¥1.58b
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥3.14b |
| Equity | CN¥7.46b |
| Total liabilities | CN¥2.75b |
| Total assets | CN¥10.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002597's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002597's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002597 has more cash than its total debt.
Reducing Debt: 002597's debt to equity ratio has increased from 14.1% to 21.2% over the past 5 years.
Debt Coverage: 002597's debt is well covered by operating cash flow (54.9%).
Interest Coverage: 002597 earns more interest than it pays, so coverage of interest payments is not a concern.