AviChina Industry & Technology Balance Sheet Health
Financial Health criteria checks 6/6
AviChina Industry & Technology has a total shareholder equity of CN¥88.1B and total debt of CN¥12.3B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are CN¥185.0B and CN¥97.0B respectively. AviChina Industry & Technology's EBIT is CN¥6.2B making its interest coverage ratio -7.2. It has cash and short-term investments of CN¥40.5B.
Key information
14.0%
Debt to equity ratio
CN¥12.32b
Debt
Interest coverage ratio | -7.2x |
Cash | CN¥40.46b |
Equity | CN¥88.06b |
Total liabilities | CN¥96.96b |
Total assets | CN¥185.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVIJ.F's short term assets (CN¥144.7B) exceed its short term liabilities (CN¥85.5B).
Long Term Liabilities: AVIJ.F's short term assets (CN¥144.7B) exceed its long term liabilities (CN¥11.4B).
Debt to Equity History and Analysis
Debt Level: AVIJ.F has more cash than its total debt.
Reducing Debt: AVIJ.F's debt to equity ratio has reduced from 36.6% to 14% over the past 5 years.
Debt Coverage: AVIJ.F's debt is well covered by operating cash flow (47.2%).
Interest Coverage: AVIJ.F earns more interest than it pays, so coverage of interest payments is not a concern.