AVIC Jonhon Optronic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
AVIC Jonhon Optronic TechnologyLtd has a total shareholder equity of CN¥23.1B and total debt of CN¥870.1M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥35.6B and CN¥12.5B respectively. AVIC Jonhon Optronic TechnologyLtd's EBIT is CN¥3.0B making its interest coverage ratio -10.4. It has cash and short-term investments of CN¥9.0B.
Key information
3.8%
Debt to equity ratio
CN¥870.09m
Debt
Interest coverage ratio | -10.4x |
Cash | CN¥9.03b |
Equity | CN¥23.09b |
Total liabilities | CN¥12.52b |
Total assets | CN¥35.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002179's short term assets (CN¥27.4B) exceed its short term liabilities (CN¥11.5B).
Long Term Liabilities: 002179's short term assets (CN¥27.4B) exceed its long term liabilities (CN¥991.4M).
Debt to Equity History and Analysis
Debt Level: 002179 has more cash than its total debt.
Reducing Debt: 002179's debt to equity ratio has reduced from 34.5% to 3.8% over the past 5 years.
Debt Coverage: 002179's debt is well covered by operating cash flow (389.1%).
Interest Coverage: 002179 earns more interest than it pays, so coverage of interest payments is not a concern.