Shanghai Aiko Solar EnergyLtd Balance Sheet Health
Financial Health criteria checks 0/6
Shanghai Aiko Solar EnergyLtd has a total shareholder equity of CN¥8.6B and total debt of CN¥11.9B, which brings its debt-to-equity ratio to 138.6%. Its total assets and total liabilities are CN¥34.1B and CN¥25.5B respectively. Shanghai Aiko Solar EnergyLtd's EBIT is CN¥465.4M making its interest coverage ratio 1.3. It has cash and short-term investments of CN¥3.4B.
Key information
138.6%
Debt to equity ratio
CN¥11.86b
Debt
| Interest coverage ratio | 1.3x |
| Cash | CN¥3.41b |
| Equity | CN¥8.56b |
| Total liabilities | CN¥25.54b |
| Total assets | CN¥34.10b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600732's short term assets (CN¥10.3B) do not cover its short term liabilities (CN¥14.3B).
Long Term Liabilities: 600732's short term assets (CN¥10.3B) do not cover its long term liabilities (CN¥11.3B).
Debt to Equity History and Analysis
Debt Level: 600732's net debt to equity ratio (98.7%) is considered high.
Reducing Debt: 600732's debt to equity ratio has increased from 0% to 138.6% over the past 5 years.
Debt Coverage: 600732's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600732's interest payments on its debt are not well covered by EBIT (1.3x coverage).