Anhui Guangxin Agrochemical Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Guangxin Agrochemical has a total shareholder equity of CN¥9.7B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CN¥14.8B and CN¥5.1B respectively. Anhui Guangxin Agrochemical's EBIT is CN¥892.2M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥10.4B.
Key information
24.3%
Debt to equity ratio
CN¥2.36b
Debt
Interest coverage ratio | -2.8x |
Cash | CN¥10.38b |
Equity | CN¥9.71b |
Total liabilities | CN¥5.10b |
Total assets | CN¥14.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603599's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 603599's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥91.9M).
Debt to Equity History and Analysis
Debt Level: 603599 has more cash than its total debt.
Reducing Debt: 603599's debt to equity ratio has increased from 0% to 24.3% over the past 5 years.
Debt Coverage: 603599's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 603599 earns more interest than it pays, so coverage of interest payments is not a concern.