Anhui Conch Cement Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Conch Cement has a total shareholder equity of CN¥198.6B and total debt of CN¥22.3B, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are CN¥243.7B and CN¥45.1B respectively. Anhui Conch Cement's EBIT is CN¥13.7B making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥69.9B.
Key information
11.2%
Debt to equity ratio
CN¥22.29b
Debt
Interest coverage ratio | -4.6x |
Cash | CN¥69.92b |
Equity | CN¥198.58b |
Total liabilities | CN¥45.08b |
Total assets | CN¥243.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 914 N's short term assets (CN¥104.6B) exceed its short term liabilities (CN¥32.3B).
Long Term Liabilities: 914 N's short term assets (CN¥104.6B) exceed its long term liabilities (CN¥12.8B).
Debt to Equity History and Analysis
Debt Level: 914 N has more cash than its total debt.
Reducing Debt: 914 N's debt to equity ratio has reduced from 13.8% to 11.2% over the past 5 years.
Debt Coverage: 914 N's debt is well covered by operating cash flow (44.3%).
Interest Coverage: 914 N earns more interest than it pays, so coverage of interest payments is not a concern.