Anhui Tongfeng Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Tongfeng Electronics has a total shareholder equity of CN¥1.8B and total debt of CN¥104.9M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥2.4B and CN¥556.3M respectively. Anhui Tongfeng Electronics's EBIT is CN¥96.8M making its interest coverage ratio -36. It has cash and short-term investments of CN¥605.2M.
Key information
5.8%
Debt to equity ratio
CN¥104.90m
Debt
Interest coverage ratio | -36x |
Cash | CN¥605.20m |
Equity | CN¥1.81b |
Total liabilities | CN¥556.28m |
Total assets | CN¥2.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600237's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥530.7M).
Long Term Liabilities: 600237's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥25.6M).
Debt to Equity History and Analysis
Debt Level: 600237 has more cash than its total debt.
Reducing Debt: 600237's debt to equity ratio has reduced from 18.2% to 5.8% over the past 5 years.
Debt Coverage: 600237's debt is well covered by operating cash flow (209.8%).
Interest Coverage: 600237 earns more interest than it pays, so coverage of interest payments is not a concern.