Anhui Ronds Science & Technology Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Ronds Science & Technology has a total shareholder equity of CN¥784.0M and total debt of CN¥67.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥984.6M and CN¥200.5M respectively. Anhui Ronds Science & Technology's EBIT is CN¥45.1M making its interest coverage ratio -14.8. It has cash and short-term investments of CN¥136.8M.
Key information
8.5%
Debt to equity ratio
CN¥67.00m
Debt
Interest coverage ratio | -14.8x |
Cash | CN¥136.83m |
Equity | CN¥784.04m |
Total liabilities | CN¥200.54m |
Total assets | CN¥984.58m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688768's short term assets (CN¥739.8M) exceed its short term liabilities (CN¥199.0M).
Long Term Liabilities: 688768's short term assets (CN¥739.8M) exceed its long term liabilities (CN¥1.5M).
Debt to Equity History and Analysis
Debt Level: 688768 has more cash than its total debt.
Reducing Debt: 688768's debt to equity ratio has increased from 1.7% to 8.5% over the past 5 years.
Debt Coverage: 688768's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688768 earns more interest than it pays, so coverage of interest payments is not a concern.