AAC Technologies Holdings Balance Sheet Health
Financial Health criteria checks 4/6
AAC Technologies Holdings has a total shareholder equity of CN¥22.4B and total debt of CN¥8.8B, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are CN¥38.9B and CN¥16.5B respectively. AAC Technologies Holdings's EBIT is CN¥457.1M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥6.8B.
Key information
39.4%
Debt to equity ratio
CN¥8.81b
Debt
Interest coverage ratio | 2.5x |
Cash | CN¥6.83b |
Equity | CN¥22.37b |
Total liabilities | CN¥16.54b |
Total assets | CN¥38.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A2XN's short term assets (CN¥16.5B) exceed its short term liabilities (CN¥10.1B).
Long Term Liabilities: A2XN's short term assets (CN¥16.5B) exceed its long term liabilities (CN¥6.4B).
Debt to Equity History and Analysis
Debt Level: A2XN's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: A2XN's debt to equity ratio has increased from 31.3% to 39.4% over the past 5 years.
Debt Coverage: A2XN's debt is well covered by operating cash flow (52.6%).
Interest Coverage: A2XN's interest payments on its debt are not well covered by EBIT (2.5x coverage).