Antong Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Antong Holdings has a total shareholder equity of CN¥10.2B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are CN¥14.0B and CN¥3.8B respectively. Antong Holdings's EBIT is CN¥364.2M making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥4.4B.
Key information
12.6%
Debt to equity ratio
CN¥1.29b
Debt
| Interest coverage ratio | -5.6x |
| Cash | CN¥4.41b |
| Equity | CN¥10.21b |
| Total liabilities | CN¥3.82b |
| Total assets | CN¥14.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600179's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 600179's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 600179 has more cash than its total debt.
Reducing Debt: 600179's debt to equity ratio has reduced from 58.6% to 12.6% over the past 5 years.
Debt Coverage: 600179's debt is well covered by operating cash flow (81.4%).
Interest Coverage: 600179 earns more interest than it pays, so coverage of interest payments is not a concern.