Sinomach General Machinery Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sinomach General Machinery Science & TechnologyLtd has a total shareholder equity of CN¥692.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥524.4M respectively. Sinomach General Machinery Science & TechnologyLtd's EBIT is CN¥36.4M making its interest coverage ratio -4. It has cash and short-term investments of CN¥363.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥363.20m |
| Equity | CN¥692.49m |
| Total liabilities | CN¥524.42m |
| Total assets | CN¥1.22b |
Financial Position Analysis
Short Term Liabilities: 600444's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥507.6M).
Long Term Liabilities: 600444's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥16.8M).
Debt to Equity History and Analysis
Debt Level: 600444 is debt free.
Reducing Debt: 600444 had no debt 5 years ago.
Debt Coverage: 600444 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600444 has no debt, therefore coverage of interest payments is not a concern.