Anker Innovations Balance Sheet Health
Financial Health criteria checks 5/6
Anker Innovations has a total shareholder equity of CN¥8.5B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are CN¥13.3B and CN¥4.8B respectively. Anker Innovations's EBIT is CN¥1.7B making its interest coverage ratio -20.8. It has cash and short-term investments of CN¥4.0B.
Key information
13.9%
Debt to equity ratio
CN¥1.19b
Debt
| Interest coverage ratio | -20.8x |
| Cash | CN¥3.98b |
| Equity | CN¥8.54b |
| Total liabilities | CN¥4.79b |
| Total assets | CN¥13.33b |
Recent financial health updates
No updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Anker Innovations (SZSE:300866)
May 03
Anker 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¥9.7B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 300866's short term assets (CN¥9.7B) exceed its long term liabilities (CN¥1.4B).
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 0.1% to 13.9% over the past 5 years.
Debt Coverage: 300866's debt is well covered by operating cash flow (95.9%).
Interest Coverage: 300866 earns more interest than it pays, so coverage of interest payments is not a concern.