Anhui Guangxin Agrochemical Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Guangxin Agrochemical has a total shareholder equity of CN¥9.5B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are CN¥15.5B and CN¥6.0B respectively. Anhui Guangxin Agrochemical's EBIT is CN¥511.3M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥11.1B.
Key information
39.3%
Debt to equity ratio
CN¥3.73b
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥11.09b |
| Equity | CN¥9.49b |
| Total liabilities | CN¥6.04b |
| Total assets | CN¥15.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603599's short term assets (CN¥12.8B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 603599's short term assets (CN¥12.8B) exceed its long term liabilities (CN¥110.9M).
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 39.3% over the past 5 years.
Debt Coverage: 603599's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 603599 earns more interest than it pays, so coverage of interest payments is not a concern.