Anker Innovations Balance Sheet Health
Financial Health criteria checks 5/6
Anker Innovations has a total shareholder equity of CN¥8.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are CN¥16.1B and CN¥7.7B respectively. Anker Innovations's EBIT is CN¥1.9B making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥4.2B.
Key information
14.4%
Debt to equity ratio
CN¥1.21b
Debt
| Interest coverage ratio | -10.2x |
| Cash | CN¥4.15b |
| Equity | CN¥8.42b |
| Total liabilities | CN¥7.70b |
| Total assets | CN¥16.12b |
Recent financial health updates
Recent updates
Is Now An Opportune Moment To Examine Anker Innovations Limited (SZSE:300866)?
Oct 16
Here's Why We Think Anker Innovations (SZSE:300866) Is Well Worth Watching
Sep 30A Piece Of The Puzzle Missing From Anker Innovations Limited's (SZSE:300866) 27% Share Price Climb
Sep 11We Think Anker Innovations (SZSE:300866) Can Manage Its Debt With Ease
Aug 15Investors Don't See Light At End Of Anker Innovations Limited's (SZSE:300866) Tunnel And Push Stock Down 26%
Jul 25Here's What's Concerning About Anker Innovations' (SZSE:300866) Returns On Capital
Jun 27The Market Doesn't Like What It Sees From Anker Innovations Limited's (SZSE:300866) Earnings Yet
Jun 10Anker Innovations (SZSE:300866) Has Announced That It Will Be Increasing Its Dividend To CN¥2.00
May 22Impressive Earnings May Not Tell The Whole Story For Anker Innovations (SZSE:300866)
May 03Anker Innovations Limited Just Missed EPS By 8.8%: Here's What Analysts Think Will Happen Next
Apr 28Is Anker Innovations Limited (SZSE:300866) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 22Should You Think About Buying Anker Innovations Limited (SZSE:300866) Now?
Mar 19There's No Escaping Anker Innovations Limited's (SZSE:300866) Muted Earnings Despite A 26% Share Price Rise
Mar 04With EPS Growth And More, Anker Innovations (SZSE:300866) Makes An Interesting Case
Mar 02Financial Position Analysis
Short Term Liabilities: 300866's short term assets (CN¥12.3B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 300866's short term assets (CN¥12.3B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 300866 has more cash than its total debt.
Reducing Debt: 300866's debt to equity ratio has increased from 0.08% to 14.4% over the past 5 years.
Debt Coverage: 300866's debt is well covered by operating cash flow (177.5%).
Interest Coverage: 300866 earns more interest than it pays, so coverage of interest payments is not a concern.