Anhui Wanyi Science and TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Wanyi Science and TechnologyLtd has a total shareholder equity of CN¥800.4M and total debt of CN¥60.8M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CN¥1.3B and CN¥471.9M respectively. Anhui Wanyi Science and TechnologyLtd's EBIT is CN¥20.9M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥356.0M.
Key information
7.6%
Debt to equity ratio
CN¥60.77m
Debt
| Interest coverage ratio | -2.5x |
| Cash | CN¥355.97m |
| Equity | CN¥800.36m |
| Total liabilities | CN¥471.86m |
| Total assets | CN¥1.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688600's short term assets (CN¥997.4M) exceed its short term liabilities (CN¥450.5M).
Long Term Liabilities: 688600's short term assets (CN¥997.4M) exceed its long term liabilities (CN¥21.4M).
Debt to Equity History and Analysis
Debt Level: 688600 has more cash than its total debt.
Reducing Debt: 688600's debt to equity ratio has increased from 0% to 7.6% over the past 5 years.
Debt Coverage: 688600's debt is well covered by operating cash flow (163.7%).
Interest Coverage: 688600 earns more interest than it pays, so coverage of interest payments is not a concern.