Akeso Balance Sheet Health
Financial Health criteria checks 5/6
Akeso has a total shareholder equity of CN¥4.5B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are CN¥9.2B and CN¥4.7B respectively. Akeso's EBIT is CN¥1.8B making its interest coverage ratio -21.9. It has cash and short-term investments of CN¥2.4B.
Key information
65.7%
Debt to equity ratio
CN¥2.97b
Debt
Interest coverage ratio | -21.9x |
Cash | CN¥2.40b |
Equity | CN¥4.52b |
Total liabilities | CN¥4.66b |
Total assets | CN¥9.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKES.F's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: AKES.F's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: AKES.F's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: AKES.F's debt to equity ratio has increased from 12% to 65.7% over the past 5 years.
Debt Coverage: AKES.F's debt is well covered by operating cash flow (83.2%).
Interest Coverage: AKES.F earns more interest than it pays, so coverage of interest payments is not a concern.