Asia Cement (China) Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Asia Cement (China) Holdings has a total shareholder equity of CN¥16.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥19.3B and CN¥2.7B respectively.
Key information
6.7%
Debt to equity ratio
CN¥1.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.86b |
| Equity | CN¥16.68b |
| Total liabilities | CN¥2.66b |
| Total assets | CN¥19.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4OJ's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 4OJ's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥718.7M).
Debt to Equity History and Analysis
Debt Level: 4OJ has more cash than its total debt.
Reducing Debt: 4OJ's debt to equity ratio has reduced from 53.6% to 6.7% over the past 5 years.
Debt Coverage: 4OJ's debt is well covered by operating cash flow (49%).
Interest Coverage: Insufficient data to determine if 4OJ's interest payments on its debt are well covered by EBIT.