AviChina Industry & Technology Balance Sheet Health
Financial Health criteria checks 5/6
AviChina Industry & Technology has a total shareholder equity of CN¥88.1B and total debt of CN¥13.5B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥185.0B and CN¥97.0B respectively. AviChina Industry & Technology's EBIT is CN¥5.9B making its interest coverage ratio -6.9. It has cash and short-term investments of CN¥38.1B.
Key information
15.3%
Debt to equity ratio
CN¥13.50b
Debt
Interest coverage ratio | -6.9x |
Cash | CN¥38.12b |
Equity | CN¥88.06b |
Total liabilities | CN¥96.96b |
Total assets | CN¥185.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVT's short term assets (CN¥144.7B) exceed its short term liabilities (CN¥85.5B).
Long Term Liabilities: AVT's short term assets (CN¥144.7B) exceed its long term liabilities (CN¥11.4B).
Debt to Equity History and Analysis
Debt Level: AVT has more cash than its total debt.
Reducing Debt: AVT's debt to equity ratio has reduced from 36.6% to 15.3% over the past 5 years.
Debt Coverage: AVT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVT earns more interest than it pays, so coverage of interest payments is not a concern.