Anhui Conch Cement Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Conch Cement has a total shareholder equity of CN¥198.0B and total debt of CN¥30.7B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are CN¥252.1B and CN¥54.1B respectively. Anhui Conch Cement's EBIT is CN¥8.8B making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥76.9B.
Key information
15.5%
Debt to equity ratio
CN¥30.67b
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥76.91b |
| Equity | CN¥197.99b |
| Total liabilities | CN¥54.10b |
| Total assets | CN¥252.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 914's short term assets (CN¥105.2B) exceed its short term liabilities (CN¥28.6B).
Long Term Liabilities: 914's short term assets (CN¥105.2B) exceed its long term liabilities (CN¥25.6B).
Debt to Equity History and Analysis
Debt Level: 914 has more cash than its total debt.
Reducing Debt: 914's debt to equity ratio has increased from 8.2% to 15.5% over the past 5 years.
Debt Coverage: 914's debt is well covered by operating cash flow (64.5%).
Interest Coverage: 914 earns more interest than it pays, so coverage of interest payments is not a concern.