Anhui Expressway Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Expressway has a total shareholder equity of CN¥13.9B and total debt of CN¥7.0B, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are CN¥23.4B and CN¥9.4B respectively. Anhui Expressway's EBIT is CN¥2.2B making its interest coverage ratio 60.3. It has cash and short-term investments of CN¥5.4B.
Key information
50.1%
Debt to equity ratio
CN¥6.98b
Debt
| Interest coverage ratio | 60.3x |
| Cash | CN¥5.37b |
| Equity | CN¥13.95b |
| Total liabilities | CN¥9.41b |
| Total assets | CN¥23.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 995's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 995's short term assets (CN¥5.8B) do not cover its long term liabilities (CN¥6.4B).
Debt to Equity History and Analysis
Debt Level: 995's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: 995's debt to equity ratio has increased from 24.9% to 50.1% over the past 5 years.
Debt Coverage: 995's debt is well covered by operating cash flow (38.1%).
Interest Coverage: 995's interest payments on its debt are well covered by EBIT (60.3x coverage).