Shaanxi Construction MachineryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shaanxi Construction MachineryLtd has a total shareholder equity of CN¥4.8B and total debt of CN¥9.4B, which brings its debt-to-equity ratio to 193.9%. Its total assets and total liabilities are CN¥17.8B and CN¥12.9B respectively.
Key information
193.9%
Debt to equity ratio
CN¥9.39b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.24b |
| Equity | CN¥4.84b |
| Total liabilities | CN¥12.92b |
| Total assets | CN¥17.76b |
Financial Position Analysis
Short Term Liabilities: 600984's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥7.2B).
Long Term Liabilities: 600984's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥5.8B).
Debt to Equity History and Analysis
Debt Level: 600984's net debt to equity ratio (168.2%) is considered high.
Reducing Debt: 600984's debt to equity ratio has increased from 41.5% to 193.9% over the past 5 years.
Debt Coverage: 600984's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: Insufficient data to determine if 600984's interest payments on its debt are well covered by EBIT.