Avary Holding(Shenzhen)Co Balance Sheet Health
Financial Health criteria checks 6/6
Avary Holding(Shenzhen)Co has a total shareholder equity of CN¥30.5B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥43.9B and CN¥13.4B respectively. Avary Holding(Shenzhen)Co's EBIT is CN¥3.4B making its interest coverage ratio -10.5. It has cash and short-term investments of CN¥10.2B.
Key information
12.1%
Debt to equity ratio
CN¥3.68b
Debt
| Interest coverage ratio | -10.5x |
| Cash | CN¥10.23b |
| Equity | CN¥30.47b |
| Total liabilities | CN¥13.44b |
| Total assets | CN¥43.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002938's short term assets (CN¥22.8B) exceed its short term liabilities (CN¥12.5B).
Long Term Liabilities: 002938's short term assets (CN¥22.8B) exceed its long term liabilities (CN¥986.1M).
Debt to Equity History and Analysis
Debt Level: 002938 has more cash than its total debt.
Reducing Debt: 002938's debt to equity ratio has reduced from 13.3% to 12.1% over the past 5 years.
Debt Coverage: 002938's debt is well covered by operating cash flow (160.2%).
Interest Coverage: 002938 earns more interest than it pays, so coverage of interest payments is not a concern.