Shenzhen Aisidi Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Aisidi has a total shareholder equity of CN¥6.6B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are CN¥15.1B and CN¥8.6B respectively. Shenzhen Aisidi's EBIT is CN¥1.2B making its interest coverage ratio -844.8. It has cash and short-term investments of CN¥4.2B.
Key information
82.4%
Debt to equity ratio
CN¥5.42b
Debt
Interest coverage ratio | -844.8x |
Cash | CN¥4.23b |
Equity | CN¥6.58b |
Total liabilities | CN¥8.55b |
Total assets | CN¥15.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002416's short term assets (CN¥13.2B) exceed its short term liabilities (CN¥8.5B).
Long Term Liabilities: 002416's short term assets (CN¥13.2B) exceed its long term liabilities (CN¥47.1M).
Debt to Equity History and Analysis
Debt Level: 002416's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 002416's debt to equity ratio has reduced from 82.7% to 82.4% over the past 5 years.
Debt Coverage: 002416's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 002416 earns more interest than it pays, so coverage of interest payments is not a concern.