Chongqing Changan Automobile Balance Sheet Health
Financial Health criteria checks 5/6
Chongqing Changan Automobile has a total shareholder equity of CN¥74.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥190.2B and CN¥115.5B respectively. Chongqing Changan Automobile's EBIT is CN¥4.8B making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥73.0B.
Key information
1.5%
Debt to equity ratio
CN¥1.11b
Debt
Interest coverage ratio | -1.1x |
Cash | CN¥73.04b |
Equity | CN¥74.68b |
Total liabilities | CN¥115.49b |
Total assets | CN¥190.17b |
Recent financial health updates
No updates
Recent updates
The Strong Earnings Posted By Chongqing Changan Automobile (SZSE:000625) Are A Good Indication Of The Strength Of The Business
Apr 25Should You Think About Buying Chongqing Changan Automobile Company Limited (SZSE:000625) Now?
Apr 14Does Chongqing Changan Automobile (SZSE:000625) Deserve A Spot On Your Watchlist?
Mar 31Is There An Opportunity With Chongqing Changan Automobile Company Limited's (SZSE:000625) 26% Undervaluation?
Mar 19Chongqing Changan Automobile Company Limited (SZSE:000625) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Mar 07Financial Position Analysis
Short Term Liabilities: 000625's short term assets (CN¥130.9B) exceed its short term liabilities (CN¥103.2B).
Long Term Liabilities: 000625's short term assets (CN¥130.9B) exceed its long term liabilities (CN¥12.2B).
Debt to Equity History and Analysis
Debt Level: 000625 has more cash than its total debt.
Reducing Debt: 000625's debt to equity ratio has increased from 0.4% to 1.5% over the past 5 years.
Debt Coverage: 000625's debt is well covered by operating cash flow (1796.4%).
Interest Coverage: 000625 earns more interest than it pays, so coverage of interest payments is not a concern.