Advanced Fiber Resources (Zhuhai) Balance Sheet Health
Financial Health criteria checks 4/6
Advanced Fiber Resources (Zhuhai) has a total shareholder equity of CN¥1.9B and total debt of CN¥153.0M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are CN¥2.5B and CN¥614.0M respectively.
Key information
8.0%
Debt to equity ratio
CN¥153.03m
Debt
Interest coverage ratio | n/a |
Cash | CN¥666.03m |
Equity | CN¥1.91b |
Total liabilities | CN¥614.03m |
Total assets | CN¥2.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300620's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥465.0M).
Long Term Liabilities: 300620's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥149.1M).
Debt to Equity History and Analysis
Debt Level: 300620 has more cash than its total debt.
Reducing Debt: 300620's debt to equity ratio has increased from 0% to 8% over the past 5 years.
Debt Coverage: 300620's debt is well covered by operating cash flow (143.7%).
Interest Coverage: Insufficient data to determine if 300620's interest payments on its debt are well covered by EBIT.