AVIC Heavy Machinery Balance Sheet Health
Financial Health criteria checks 6/6
AVIC Heavy Machinery has a total shareholder equity of CN¥12.8B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are CN¥25.9B and CN¥13.1B respectively. AVIC Heavy Machinery's EBIT is CN¥1.6B making its interest coverage ratio 140.7. It has cash and short-term investments of CN¥4.8B.
Key information
25.6%
Debt to equity ratio
CN¥3.26b
Debt
| Interest coverage ratio | 140.7x |
| Cash | CN¥4.80b |
| Equity | CN¥12.75b |
| Total liabilities | CN¥13.10b |
| Total assets | CN¥25.85b |
Recent financial health updates
No updates
Recent updates
A Piece Of The Puzzle Missing From AVIC Heavy Machinery Co., Ltd.'s (SHSE:600765) Share Price
Apr 26
AVIC Heavy Machinery (SHSE:600765) Is Looking To Continue Growing Its Returns On Capital
Apr 09We Think That There Are Some Issues For AVIC Heavy Machinery (SHSE:600765) Beyond Its Promising Earnings
Mar 22Newsflash: AVIC Heavy Machinery Co., Ltd. (SHSE:600765) Analysts Have Been Trimming Their Revenue Forecasts
Mar 19Financial Position Analysis
Short Term Liabilities: 600765's short term assets (CN¥18.3B) exceed its short term liabilities (CN¥10.6B).
Long Term Liabilities: 600765's short term assets (CN¥18.3B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 600765 has more cash than its total debt.
Reducing Debt: 600765's debt to equity ratio has reduced from 70% to 25.6% over the past 5 years.
Debt Coverage: 600765's debt is well covered by operating cash flow (25.2%).
Interest Coverage: 600765's interest payments on its debt are well covered by EBIT (140.7x coverage).