Sichuan Chengfei Integration TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Chengfei Integration TechnologyLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥480.0M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are CN¥4.9B and CN¥1.7B respectively. Sichuan Chengfei Integration TechnologyLtd's EBIT is CN¥81.4M making its interest coverage ratio 7.7. It has cash and short-term investments of CN¥210.6M.
Key information
15.2%
Debt to equity ratio
CN¥480.02m
Debt
Interest coverage ratio | 7.7x |
Cash | CN¥210.64m |
Equity | CN¥3.17b |
Total liabilities | CN¥1.74b |
Total assets | CN¥4.90b |
Financial Position Analysis
Short Term Liabilities: 002190's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002190's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥429.3M).
Debt to Equity History and Analysis
Debt Level: 002190's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 002190's debt to equity ratio has reduced from 41.4% to 15.2% over the past 5 years.
Debt Coverage: 002190's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 002190's interest payments on its debt are well covered by EBIT (7.7x coverage).