Chuzhou Duoli Automotive Technology Balance Sheet Health
Financial Health criteria checks 6/6
Chuzhou Duoli Automotive Technology has a total shareholder equity of CN¥4.4B and total debt of CN¥8.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥5.2B and CN¥840.1M respectively. Chuzhou Duoli Automotive Technology's EBIT is CN¥570.4M making its interest coverage ratio -36.1. It has cash and short-term investments of CN¥990.9M.
Key information
0.2%
Debt to equity ratio
CN¥8.25m
Debt
Interest coverage ratio | -36.1x |
Cash | CN¥990.93m |
Equity | CN¥4.40b |
Total liabilities | CN¥840.11m |
Total assets | CN¥5.24b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 001311's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥772.0M).
Long Term Liabilities: 001311's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥68.1M).
Debt to Equity History and Analysis
Debt Level: 001311 has more cash than its total debt.
Reducing Debt: 001311's debt to equity ratio has reduced from 11.9% to 0.2% over the past 5 years.
Debt Coverage: 001311's debt is well covered by operating cash flow (7893.5%).
Interest Coverage: 001311 earns more interest than it pays, so coverage of interest payments is not a concern.