AviChina Industry & Technology Balance Sheet Health
Financial Health criteria checks 5/6
AviChina Industry & Technology has a total shareholder equity of CN¥89.8B and total debt of CN¥16.8B, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are CN¥185.6B and CN¥95.8B respectively. AviChina Industry & Technology's EBIT is CN¥5.5B making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥30.3B.
Key information
18.7%
Debt to equity ratio
CN¥16.78b
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥30.32b |
| Equity | CN¥89.78b |
| Total liabilities | CN¥95.85b |
| Total assets | CN¥185.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2357's short term assets (CN¥144.3B) exceed its short term liabilities (CN¥86.7B).
Long Term Liabilities: 2357's short term assets (CN¥144.3B) exceed its long term liabilities (CN¥9.1B).
Debt to Equity History and Analysis
Debt Level: 2357 has more cash than its total debt.
Reducing Debt: 2357's debt to equity ratio has reduced from 36.8% to 18.7% over the past 5 years.
Debt Coverage: 2357's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: 2357 earns more interest than it pays, so coverage of interest payments is not a concern.