Shenzhen Anche Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Anche Technologies has a total shareholder equity of CN¥2.1B and total debt of CN¥207.3M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are CN¥2.9B and CN¥749.0M respectively.
Key information
9.8%
Debt to equity ratio
CN¥207.34m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.35b |
Equity | CN¥2.12b |
Total liabilities | CN¥749.03m |
Total assets | CN¥2.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300572's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥539.2M).
Long Term Liabilities: 300572's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥209.9M).
Debt to Equity History and Analysis
Debt Level: 300572 has more cash than its total debt.
Reducing Debt: 300572's debt to equity ratio has increased from 0% to 9.8% over the past 5 years.
Debt Coverage: 300572's debt is well covered by operating cash flow (39.9%).
Interest Coverage: Insufficient data to determine if 300572's interest payments on its debt are well covered by EBIT.