Ajisen (China) Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ajisen (China) Holdings has a total shareholder equity of CN¥3.1B and total debt of CN¥38.4M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥4.0B and CN¥903.6M respectively. Ajisen (China) Holdings's EBIT is CN¥125.4M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥1.6B.
Key information
1.3%
Debt to equity ratio
CN¥38.44m
Debt
Interest coverage ratio | -10.2x |
Cash | CN¥1.63b |
Equity | CN¥3.06b |
Total liabilities | CN¥903.59m |
Total assets | CN¥3.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJN's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥467.2M).
Long Term Liabilities: AJN's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥436.4M).
Debt to Equity History and Analysis
Debt Level: AJN has more cash than its total debt.
Reducing Debt: AJN's debt to equity ratio has reduced from 8.1% to 1.3% over the past 5 years.
Debt Coverage: AJN's debt is well covered by operating cash flow (1240.5%).
Interest Coverage: AJN earns more interest than it pays, so coverage of interest payments is not a concern.