Xuchang Yuandong Drive ShaftLtd Balance Sheet Health
Financial Health criteria checks 6/6
Xuchang Yuandong Drive ShaftLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.7B and CN¥698.6M respectively. Xuchang Yuandong Drive ShaftLtd's EBIT is CN¥73.4M making its interest coverage ratio -7.6. It has cash and short-term investments of CN¥1.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -7.6x |
Cash | CN¥1.21b |
Equity | CN¥4.04b |
Total liabilities | CN¥698.61m |
Total assets | CN¥4.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002406's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥530.7M).
Long Term Liabilities: 002406's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥167.9M).
Debt to Equity History and Analysis
Debt Level: 002406 is debt free.
Reducing Debt: 002406 had no debt 5 years ago.
Debt Coverage: 002406 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002406 has no debt, therefore coverage of interest payments is not a concern.