Anhui Conch Cement Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Conch Cement has a total shareholder equity of CN¥199.2B and total debt of CN¥23.7B, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥245.2B and CN¥46.0B respectively. Anhui Conch Cement's EBIT is CN¥11.7B making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥68.3B.
Key information
11.9%
Debt to equity ratio
CN¥23.72b
Debt
Interest coverage ratio | -8.5x |
Cash | CN¥68.31b |
Equity | CN¥199.15b |
Total liabilities | CN¥46.02b |
Total assets | CN¥245.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AHCH.F's short term assets (CN¥99.4B) exceed its short term liabilities (CN¥26.3B).
Long Term Liabilities: AHCH.F's short term assets (CN¥99.4B) exceed its long term liabilities (CN¥19.7B).
Debt to Equity History and Analysis
Debt Level: AHCH.F has more cash than its total debt.
Reducing Debt: AHCH.F's debt to equity ratio has increased from 8.9% to 11.9% over the past 5 years.
Debt Coverage: AHCH.F's debt is well covered by operating cash flow (68%).
Interest Coverage: AHCH.F earns more interest than it pays, so coverage of interest payments is not a concern.