Shanghai CarthaneLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai CarthaneLtd has a total shareholder equity of CN¥931.1M and total debt of CN¥100.1M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥1.2B and CN¥277.4M respectively. Shanghai CarthaneLtd's EBIT is CN¥103.1M making its interest coverage ratio -10.7. It has cash and short-term investments of CN¥219.8M.
Key information
10.8%
Debt to equity ratio
CN¥100.14m
Debt
| Interest coverage ratio | -10.7x |
| Cash | CN¥219.78m |
| Equity | CN¥931.08m |
| Total liabilities | CN¥277.39m |
| Total assets | CN¥1.21b |
Recent financial health updates
No updates
Recent updates
Shanghai Carthane Co.,Ltd. (SHSE:603037) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Nov 20
Returns On Capital At Shanghai CarthaneLtd (SHSE:603037) Paint A Concerning Picture
Jul 01Shanghai Carthane Co.,Ltd. (SHSE:603037) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Apr 25Earnings Not Telling The Story For Shanghai Carthane Co.,Ltd. (SHSE:603037) After Shares Rise 42%
Mar 08Financial Position Analysis
Short Term Liabilities: 603037's short term assets (CN¥749.1M) exceed its short term liabilities (CN¥254.4M).
Long Term Liabilities: 603037's short term assets (CN¥749.1M) exceed its long term liabilities (CN¥23.0M).
Debt to Equity History and Analysis
Debt Level: 603037 has more cash than its total debt.
Reducing Debt: 603037's debt to equity ratio has increased from 0% to 10.8% over the past 5 years.
Debt Coverage: 603037's debt is well covered by operating cash flow (127.6%).
Interest Coverage: 603037 earns more interest than it pays, so coverage of interest payments is not a concern.