AAC Technologies Holdings Balance Sheet Health
Financial Health criteria checks 5/6
AAC Technologies Holdings has a total shareholder equity of CN¥22.7B and total debt of CN¥10.5B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are CN¥44.1B and CN¥21.4B respectively. AAC Technologies Holdings's EBIT is CN¥1.1B making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥7.8B.
Key information
46.2%
Debt to equity ratio
CN¥10.48b
Debt
| Interest coverage ratio | 5.1x |
| Cash | CN¥7.84b |
| Equity | CN¥22.68b |
| Total liabilities | CN¥21.40b |
| Total assets | CN¥44.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AACA.F's short term assets (CN¥18.5B) exceed its short term liabilities (CN¥11.7B).
Long Term Liabilities: AACA.F's short term assets (CN¥18.5B) exceed its long term liabilities (CN¥9.7B).
Debt to Equity History and Analysis
Debt Level: AACA.F's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: AACA.F's debt to equity ratio has increased from 33% to 46.2% over the past 5 years.
Debt Coverage: AACA.F's debt is well covered by operating cash flow (49.9%).
Interest Coverage: AACA.F's interest payments on its debt are well covered by EBIT (5.1x coverage).