Anhui Liuguo Chemical Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Liuguo Chemical has a total shareholder equity of CN¥2.1B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 104.3%. Its total assets and total liabilities are CN¥6.2B and CN¥4.1B respectively. Anhui Liuguo Chemical's EBIT is CN¥59.5M making its interest coverage ratio 3.4. It has cash and short-term investments of CN¥1.0B.
Key information
104.3%
Debt to equity ratio
CN¥2.18b
Debt
| Interest coverage ratio | 3.4x |
| Cash | CN¥1.03b |
| Equity | CN¥2.09b |
| Total liabilities | CN¥4.08b |
| Total assets | CN¥6.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600470's short term assets (CN¥3.0B) do not cover its short term liabilities (CN¥3.2B).
Long Term Liabilities: 600470's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥929.6M).
Debt to Equity History and Analysis
Debt Level: 600470's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: 600470's debt to equity ratio has reduced from 126% to 104.3% over the past 5 years.
Debt Coverage: 600470's debt is well covered by operating cash flow (28%).
Interest Coverage: 600470's interest payments on its debt are well covered by EBIT (3.4x coverage).