Chongqing Changan Automobile Balance Sheet Health
Financial Health criteria checks 5/6
Chongqing Changan Automobile has a total shareholder equity of CN¥75.8B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥190.5B and CN¥114.8B respectively. Chongqing Changan Automobile's EBIT is CN¥2.5B making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥70.2B.
Key information
1.6%
Debt to equity ratio
CN¥1.21b
Debt
Interest coverage ratio | 4.3x |
Cash | CN¥70.21b |
Equity | CN¥75.76b |
Total liabilities | CN¥114.79b |
Total assets | CN¥190.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200625's short term assets (CN¥131.0B) exceed its short term liabilities (CN¥101.9B).
Long Term Liabilities: 200625's short term assets (CN¥131.0B) exceed its long term liabilities (CN¥12.9B).
Debt to Equity History and Analysis
Debt Level: 200625 has more cash than its total debt.
Reducing Debt: 200625's debt to equity ratio has increased from 0.5% to 1.6% over the past 5 years.
Debt Coverage: 200625's debt is well covered by operating cash flow (1802.9%).
Interest Coverage: 200625's interest payments on its debt are well covered by EBIT (4.3x coverage).