Adicon Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Adicon Holdings has a total shareholder equity of CN¥1.9B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are CN¥4.7B and CN¥2.8B respectively. Adicon Holdings's EBIT is CN¥435.1M making its interest coverage ratio 9.1. It has cash and short-term investments of CN¥768.0M.
Key information
62.6%
Debt to equity ratio
CN¥1.19b
Debt
| Interest coverage ratio | 9.1x |
| Cash | CN¥767.96m |
| Equity | CN¥1.90b |
| Total liabilities | CN¥2.75b |
| Total assets | CN¥4.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9860's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 9860's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 9860's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9860's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9860's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 9860's interest payments on its debt are well covered by EBIT (9.1x coverage).