Hunan Friendship&Apollo CommercialLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hunan Friendship&Apollo CommercialLtd has a total shareholder equity of CN¥6.9B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are CN¥14.8B and CN¥7.8B respectively.
Key information
64.2%
Debt to equity ratio
CN¥4.46b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥331.43m |
| Equity | CN¥6.95b |
| Total liabilities | CN¥7.81b |
| Total assets | CN¥14.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002277's short term assets (CN¥3.4B) do not cover its short term liabilities (CN¥4.9B).
Long Term Liabilities: 002277's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 002277's net debt to equity ratio (59.4%) is considered high.
Reducing Debt: 002277's debt to equity ratio has reduced from 68.1% to 64.2% over the past 5 years.
Debt Coverage: 002277's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: Insufficient data to determine if 002277's interest payments on its debt are well covered by EBIT.