SAIC Motor Balance Sheet Health
Financial Health criteria checks 5/6
SAIC Motor has a total shareholder equity of CN¥350.3B and total debt of CN¥166.1B, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are CN¥955.3B and CN¥605.0B respectively. SAIC Motor's EBIT is CN¥3.6B making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥228.0B.
Key information
47.4%
Debt to equity ratio
CN¥166.14b
Debt
| Interest coverage ratio | -0.6x |
| Cash | CN¥227.97b |
| Equity | CN¥350.30b |
| Total liabilities | CN¥605.01b |
| Total assets | CN¥955.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600104's short term assets (CN¥587.5B) exceed its short term liabilities (CN¥486.3B).
Long Term Liabilities: 600104's short term assets (CN¥587.5B) exceed its long term liabilities (CN¥118.7B).
Debt to Equity History and Analysis
Debt Level: 600104 has more cash than its total debt.
Reducing Debt: 600104's debt to equity ratio has increased from 36% to 47.4% over the past 5 years.
Debt Coverage: 600104's debt is well covered by operating cash flow (24%).
Interest Coverage: 600104 earns more interest than it pays, so coverage of interest payments is not a concern.