SAIC Motor Balance Sheet Health
Financial Health criteria checks 5/6
SAIC Motor has a total shareholder equity of CN¥348.9B and total debt of CN¥190.5B, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are CN¥959.6B and CN¥610.7B respectively. SAIC Motor's EBIT is CN¥13.2B making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥191.9B.
Key information
54.6%
Debt to equity ratio
CN¥190.47b
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥191.89b |
| Equity | CN¥348.87b |
| Total liabilities | CN¥610.70b |
| Total assets | CN¥959.58b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600104's short term assets (CN¥585.2B) exceed its short term liabilities (CN¥495.4B).
Long Term Liabilities: 600104's short term assets (CN¥585.2B) exceed its long term liabilities (CN¥115.3B).
Debt to Equity History and Analysis
Debt Level: 600104 has more cash than its total debt.
Reducing Debt: 600104's debt to equity ratio has increased from 36.7% to 54.6% over the past 5 years.
Debt Coverage: 600104's debt is well covered by operating cash flow (25%).
Interest Coverage: 600104 earns more interest than it pays, so coverage of interest payments is not a concern.