An Hui Wenergy Balance Sheet Health
Financial Health criteria checks 1/6
An Hui Wenergy has a total shareholder equity of CN¥21.1B and total debt of CN¥33.0B, which brings its debt-to-equity ratio to 156.5%. Its total assets and total liabilities are CN¥61.8B and CN¥40.7B respectively. An Hui Wenergy's EBIT is CN¥1.8B making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥2.9B.
Key information
156.5%
Debt to equity ratio
CN¥32.99b
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥2.87b |
| Equity | CN¥21.08b |
| Total liabilities | CN¥40.74b |
| Total assets | CN¥61.82b |
Financial Position Analysis
Short Term Liabilities: 000543's short term assets (CN¥8.4B) do not cover its short term liabilities (CN¥14.4B).
Long Term Liabilities: 000543's short term assets (CN¥8.4B) do not cover its long term liabilities (CN¥26.4B).
Debt to Equity History and Analysis
Debt Level: 000543's net debt to equity ratio (142.8%) is considered high.
Reducing Debt: 000543's debt to equity ratio has increased from 63% to 156.5% over the past 5 years.
Debt Coverage: 000543's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 000543 earns more interest than it pays, so coverage of interest payments is not a concern.