Ningbo Shenglong Automotive Powertrain SystemLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Shenglong Automotive Powertrain SystemLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥228.3M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are CN¥2.1B and CN¥861.0M respectively.
Key information
18.0%
Debt to equity ratio
CN¥228.30m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥182.18m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥860.95m |
| Total assets | CN¥2.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603178's short term assets (CN¥867.7M) exceed its short term liabilities (CN¥752.8M).
Long Term Liabilities: 603178's short term assets (CN¥867.7M) exceed its long term liabilities (CN¥108.1M).
Debt to Equity History and Analysis
Debt Level: 603178's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: 603178's debt to equity ratio has reduced from 86.9% to 18% over the past 5 years.
Debt Coverage: 603178's debt is well covered by operating cash flow (90.8%).
Interest Coverage: Insufficient data to determine if 603178's interest payments on its debt are well covered by EBIT.