Changzhou Shenli Electrical Machine Balance Sheet Health
Financial Health criteria checks 4/6
Changzhou Shenli Electrical Machine has a total shareholder equity of CN¥903.5M and total debt of CN¥392.3M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are CN¥1.4B and CN¥539.7M respectively. Changzhou Shenli Electrical Machine's EBIT is CN¥694.9K making its interest coverage ratio -0. It has cash and short-term investments of CN¥100.5M.
Key information
43.4%
Debt to equity ratio
CN¥392.32m
Debt
| Interest coverage ratio | -0.004x |
| Cash | CN¥100.52m |
| Equity | CN¥903.45m |
| Total liabilities | CN¥539.75m |
| Total assets | CN¥1.44b |
Financial Position Analysis
Short Term Liabilities: 603819's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥532.0M).
Long Term Liabilities: 603819's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥7.7M).
Debt to Equity History and Analysis
Debt Level: 603819's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: 603819's debt to equity ratio has increased from 36.5% to 43.4% over the past 5 years.
Debt Coverage: 603819's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 603819 earns more interest than it pays, so coverage of interest payments is not a concern.