Hangzhou Anysoft Information Technology Balance Sheet Health
Financial Health criteria checks 3/6
Hangzhou Anysoft Information Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are CN¥3.6B and CN¥2.0B respectively. Hangzhou Anysoft Information Technology's EBIT is CN¥54.8M making its interest coverage ratio 1.6. It has cash and short-term investments of CN¥374.5M.
Key information
82.1%
Debt to equity ratio
CN¥1.30b
Debt
Interest coverage ratio | 1.6x |
Cash | CN¥374.48m |
Equity | CN¥1.58b |
Total liabilities | CN¥2.04b |
Total assets | CN¥3.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300571's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 300571's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥319.4M).
Debt to Equity History and Analysis
Debt Level: 300571's net debt to equity ratio (58.4%) is considered high.
Reducing Debt: 300571's debt to equity ratio has increased from 14.7% to 82.1% over the past 5 years.
Debt Coverage: 300571's debt is well covered by operating cash flow (26.2%).
Interest Coverage: 300571's interest payments on its debt are not well covered by EBIT (1.6x coverage).