CRRC Balance Sheet Health
Financial Health criteria checks 6/6
CRRC has a total shareholder equity of CN¥198.0B and total debt of CN¥15.6B, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥471.5B and CN¥273.5B respectively. CRRC's EBIT is CN¥14.5B making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥75.7B.
Key information
7.9%
Debt to equity ratio
CN¥15.56b
Debt
Interest coverage ratio | -9.6x |
Cash | CN¥75.68b |
Equity | CN¥198.00b |
Total liabilities | CN¥273.53b |
Total assets | CN¥471.53b |
Recent financial health updates
Recent updates
Investors Aren't Buying CRRC Corporation Limited's (SHSE:601766) Earnings
Jun 25Returns On Capital Signal Tricky Times Ahead For CRRC (SHSE:601766)
Jun 07CRRC (SHSE:601766) Has A Rock Solid Balance Sheet
Apr 19CRRC's (SHSE:601766) Solid Earnings May Rest On Weak Foundations
Apr 04An Intrinsic Calculation For CRRC Corporation Limited (SHSE:601766) Suggests It's 42% Undervalued
Mar 28Is Now The Time To Put CRRC (SHSE:601766) On Your Watchlist?
Mar 14Returns On Capital At CRRC (SHSE:601766) Have Stalled
Mar 01Financial Position Analysis
Short Term Liabilities: 601766's short term assets (CN¥313.3B) exceed its short term liabilities (CN¥248.5B).
Long Term Liabilities: 601766's short term assets (CN¥313.3B) exceed its long term liabilities (CN¥25.1B).
Debt to Equity History and Analysis
Debt Level: 601766 has more cash than its total debt.
Reducing Debt: 601766's debt to equity ratio has reduced from 15.6% to 7.9% over the past 5 years.
Debt Coverage: 601766's debt is well covered by operating cash flow (234.3%).
Interest Coverage: 601766 earns more interest than it pays, so coverage of interest payments is not a concern.