Changshu Tongrun Auto Accessory Balance Sheet Health
Financial Health criteria checks 5/6
Changshu Tongrun Auto Accessory has a total shareholder equity of CN¥1.4B and total debt of CN¥394.9M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are CN¥2.6B and CN¥1.2B respectively. Changshu Tongrun Auto Accessory's EBIT is CN¥222.6M making its interest coverage ratio -21.6. It has cash and short-term investments of CN¥864.0M.
Key information
27.3%
Debt to equity ratio
CN¥394.89m
Debt
Interest coverage ratio | -21.6x |
Cash | CN¥864.01m |
Equity | CN¥1.44b |
Total liabilities | CN¥1.18b |
Total assets | CN¥2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603201's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥912.7M).
Long Term Liabilities: 603201's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥268.0M).
Debt to Equity History and Analysis
Debt Level: 603201 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 603201's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603201's debt is well covered by operating cash flow (46.8%).
Interest Coverage: 603201 earns more interest than it pays, so coverage of interest payments is not a concern.