Anhui Expressway Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Expressway has a total shareholder equity of CN¥14.4B and total debt of CN¥6.5B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are CN¥22.8B and CN¥8.4B respectively. Anhui Expressway's EBIT is CN¥2.2B making its interest coverage ratio 71.7. It has cash and short-term investments of CN¥4.3B.
Key information
45.2%
Debt to equity ratio
CN¥6.52b
Debt
| Interest coverage ratio | 71.7x |
| Cash | CN¥4.33b |
| Equity | CN¥14.40b |
| Total liabilities | CN¥8.41b |
| Total assets | CN¥22.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 995's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 995's short term assets (CN¥4.8B) do not cover its long term liabilities (CN¥6.1B).
Debt to Equity History and Analysis
Debt Level: 995's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 995's debt to equity ratio has increased from 24.2% to 45.2% over the past 5 years.
Debt Coverage: 995's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 995's interest payments on its debt are well covered by EBIT (71.7x coverage).