Shanghai Allied Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Allied Industrial has a total shareholder equity of CN¥956.5M and total debt of CN¥3.6M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥1.0B and CN¥78.5M respectively. Shanghai Allied Industrial's EBIT is CN¥50.4M making its interest coverage ratio -120. It has cash and short-term investments of CN¥526.4M.
Key information
0.4%
Debt to equity ratio
CN¥3.59m
Debt
| Interest coverage ratio | -120x |
| Cash | CN¥526.40m |
| Equity | CN¥956.49m |
| Total liabilities | CN¥78.45m |
| Total assets | CN¥1.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301419's short term assets (CN¥668.2M) exceed its short term liabilities (CN¥70.9M).
Long Term Liabilities: 301419's short term assets (CN¥668.2M) exceed its long term liabilities (CN¥7.6M).
Debt to Equity History and Analysis
Debt Level: 301419 has more cash than its total debt.
Reducing Debt: 301419's debt to equity ratio has reduced from 61.3% to 0.4% over the past 5 years.
Debt Coverage: 301419's debt is well covered by operating cash flow (4034.1%).
Interest Coverage: 301419 earns more interest than it pays, so coverage of interest payments is not a concern.