Anhui Expressway Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Expressway has a total shareholder equity of CN¥14.6B and total debt of CN¥6.4B, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are CN¥22.6B and CN¥8.0B respectively. Anhui Expressway's EBIT is CN¥2.3B making its interest coverage ratio 74.4. It has cash and short-term investments of CN¥4.8B.
Key information
43.9%
Debt to equity ratio
CN¥6.41b
Debt
Interest coverage ratio | 74.4x |
Cash | CN¥4.77b |
Equity | CN¥14.60b |
Total liabilities | CN¥8.05b |
Total assets | CN¥22.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUHE.F's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: AUHE.F's short term assets (CN¥5.1B) do not cover its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: AUHE.F's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: AUHE.F's debt to equity ratio has increased from 27.7% to 43.9% over the past 5 years.
Debt Coverage: AUHE.F's debt is well covered by operating cash flow (35.9%).
Interest Coverage: AUHE.F's interest payments on its debt are well covered by EBIT (74.4x coverage).