Senci Electric MachineryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Senci Electric MachineryLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥250.0M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are CN¥3.3B and CN¥1.4B respectively. Senci Electric MachineryLtd's EBIT is CN¥184.4M making its interest coverage ratio -18.3. It has cash and short-term investments of CN¥1.0B.
Key information
13.5%
Debt to equity ratio
CN¥250.00m
Debt
| Interest coverage ratio | -18.3x |
| Cash | CN¥1.02b |
| Equity | CN¥1.85b |
| Total liabilities | CN¥1.41b |
| Total assets | CN¥3.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603109's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 603109's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥363.8M).
Debt to Equity History and Analysis
Debt Level: 603109 has more cash than its total debt.
Reducing Debt: 603109's debt to equity ratio has reduced from 24% to 13.5% over the past 5 years.
Debt Coverage: 603109's debt is well covered by operating cash flow (92%).
Interest Coverage: 603109 earns more interest than it pays, so coverage of interest payments is not a concern.