Anshan Hifichem Balance Sheet Health
Financial Health criteria checks 4/6
Anshan Hifichem has a total shareholder equity of CN¥1.8B and total debt of CN¥871.4M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are CN¥3.6B and CN¥1.8B respectively. Anshan Hifichem's EBIT is CN¥130.5M making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥336.7M.
Key information
47.5%
Debt to equity ratio
CN¥871.37m
Debt
| Interest coverage ratio | 4.4x |
| Cash | CN¥336.73m |
| Equity | CN¥1.84b |
| Total liabilities | CN¥1.77b |
| Total assets | CN¥3.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300758's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥900.6M).
Long Term Liabilities: 300758's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥868.8M).
Debt to Equity History and Analysis
Debt Level: 300758's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: 300758's debt to equity ratio has increased from 7.2% to 47.5% over the past 5 years.
Debt Coverage: 300758's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 300758's interest payments on its debt are well covered by EBIT (4.4x coverage).