China Marine Information Electronics Balance Sheet Health
Financial Health criteria checks 4/6
China Marine Information Electronics has a total shareholder equity of CN¥8.4B and total debt of CN¥697.1M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥11.7B and CN¥3.3B respectively. China Marine Information Electronics's EBIT is CN¥325.6M making its interest coverage ratio -123.8. It has cash and short-term investments of CN¥2.3B.
Key information
8.3%
Debt to equity ratio
CN¥697.12m
Debt
| Interest coverage ratio | -123.8x |
| Cash | CN¥2.32b |
| Equity | CN¥8.39b |
| Total liabilities | CN¥3.34b |
| Total assets | CN¥11.72b |
Recent financial health updates
We Think China Marine Information Electronics (SHSE:600764) Can Stay On Top Of Its Debt
Jul 04
Does China Marine Information Electronics (SHSE:600764) Have A Healthy Balance Sheet?
Mar 22Recent updates
After Leaping 26% China Marine Information Electronics Company Limited (SHSE:600764) Shares Are Not Flying Under The Radar
Oct 01China Marine Information Electronics' (SHSE:600764) Shareholders Have More To Worry About Than Only Soft Earnings
Sep 05China Marine Information Electronics (SHSE:600764) Will Be Hoping To Turn Its Returns On Capital Around
Aug 19We Think China Marine Information Electronics (SHSE:600764) Can Stay On Top Of Its Debt
Jul 04Some Confidence Is Lacking In China Marine Information Electronics Company Limited's (SHSE:600764) P/E
May 21Does China Marine Information Electronics (SHSE:600764) Have A Healthy Balance Sheet?
Mar 22Slowing Rates Of Return At China Marine Information Electronics (SHSE:600764) Leave Little Room For Excitement
Feb 28Financial Position Analysis
Short Term Liabilities: 600764's short term assets (CN¥9.4B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 600764's short term assets (CN¥9.4B) exceed its long term liabilities (CN¥387.2M).
Debt to Equity History and Analysis
Debt Level: 600764 has more cash than its total debt.
Reducing Debt: 600764's debt to equity ratio has increased from 4.8% to 8.3% over the past 5 years.
Debt Coverage: 600764's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: 600764 earns more interest than it pays, so coverage of interest payments is not a concern.