Aoshikang Technology Balance Sheet Health
Financial Health criteria checks 5/6
Aoshikang Technology has a total shareholder equity of CN¥4.2B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are CN¥7.3B and CN¥3.1B respectively. Aoshikang Technology's EBIT is CN¥593.6M making its interest coverage ratio -153.7. It has cash and short-term investments of CN¥630.8M.
Key information
30.5%
Debt to equity ratio
CN¥1.29b
Debt
Interest coverage ratio | -153.7x |
Cash | CN¥630.77m |
Equity | CN¥4.22b |
Total liabilities | CN¥3.11b |
Total assets | CN¥7.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002913's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002913's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥840.8M).
Debt to Equity History and Analysis
Debt Level: 002913's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: 002913's debt to equity ratio has increased from 2.2% to 30.5% over the past 5 years.
Debt Coverage: 002913's debt is well covered by operating cash flow (73.3%).
Interest Coverage: 002913 earns more interest than it pays, so coverage of interest payments is not a concern.