PNC Process Systems Balance Sheet Health
Financial Health criteria checks 3/6
PNC Process Systems has a total shareholder equity of CN¥5.1B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 90.5%. Its total assets and total liabilities are CN¥12.4B and CN¥7.3B respectively. PNC Process Systems's EBIT is CN¥276.3M making its interest coverage ratio -57.6. It has cash and short-term investments of CN¥678.1M.
Key information
90.5%
Debt to equity ratio
CN¥4.63b
Debt
| Interest coverage ratio | -57.6x |
| Cash | CN¥678.11m |
| Equity | CN¥5.12b |
| Total liabilities | CN¥7.27b |
| Total assets | CN¥12.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603690's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 603690's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 603690's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: 603690's debt to equity ratio has increased from 62.3% to 90.5% over the past 5 years.
Debt Coverage: 603690's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603690 earns more interest than it pays, so coverage of interest payments is not a concern.