Anhui Ronds Science & Technology Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Ronds Science & Technology has a total shareholder equity of CN¥802.3M and total debt of CN¥39.9M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥1.0B and CN¥236.5M respectively. Anhui Ronds Science & Technology's EBIT is CN¥74.9M making its interest coverage ratio -46.6. It has cash and short-term investments of CN¥115.8M.
Key information
5.0%
Debt to equity ratio
CN¥39.90m
Debt
| Interest coverage ratio | -46.6x |
| Cash | CN¥115.85m |
| Equity | CN¥802.32m |
| Total liabilities | CN¥236.51m |
| Total assets | CN¥1.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688768's short term assets (CN¥773.5M) exceed its short term liabilities (CN¥235.6M).
Long Term Liabilities: 688768's short term assets (CN¥773.5M) exceed its long term liabilities (CN¥909.2K).
Debt to Equity History and Analysis
Debt Level: 688768 has more cash than its total debt.
Reducing Debt: 688768's debt to equity ratio has increased from 4% to 5% over the past 5 years.
Debt Coverage: 688768's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688768 earns more interest than it pays, so coverage of interest payments is not a concern.