Hunan Friendship&Apollo CommercialLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hunan Friendship&Apollo CommercialLtd has a total shareholder equity of CN¥7.0B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are CN¥14.8B and CN¥7.8B respectively.
Key information
61.7%
Debt to equity ratio
CN¥4.31b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥199.17m |
| Equity | CN¥6.99b |
| Total liabilities | CN¥7.77b |
| Total assets | CN¥14.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002277's short term assets (CN¥3.2B) do not cover its short term liabilities (CN¥4.8B).
Long Term Liabilities: 002277's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 002277's net debt to equity ratio (58.9%) is considered high.
Reducing Debt: 002277's debt to equity ratio has reduced from 63.8% to 61.7% over the past 5 years.
Debt Coverage: 002277's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: Insufficient data to determine if 002277's interest payments on its debt are well covered by EBIT.