Anhui Expressway Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Expressway has a total shareholder equity of CN¥14.6B and total debt of CN¥7.0B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are CN¥22.6B and CN¥8.0B respectively. Anhui Expressway's EBIT is CN¥2.3B making its interest coverage ratio 74.4. It has cash and short-term investments of CN¥4.8B.
Key information
47.8%
Debt to equity ratio
CN¥6.98b
Debt
Interest coverage ratio | 74.4x |
Cash | CN¥4.77b |
Equity | CN¥14.60b |
Total liabilities | CN¥8.05b |
Total assets | CN¥22.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600012's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 600012's short term assets (CN¥5.1B) do not cover its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 600012's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: 600012's debt to equity ratio has increased from 27.7% to 47.8% over the past 5 years.
Debt Coverage: 600012's debt is well covered by operating cash flow (32.9%).
Interest Coverage: 600012's interest payments on its debt are well covered by EBIT (74.4x coverage).