Eurocrane (China) Balance Sheet Health
Financial Health criteria checks 6/6
Eurocrane (China) has a total shareholder equity of CN¥1.6B and total debt of CN¥498.1M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are CN¥3.5B and CN¥1.9B respectively. Eurocrane (China)'s EBIT is CN¥194.8M making its interest coverage ratio 15.4. It has cash and short-term investments of CN¥500.1M.
Key information
31.7%
Debt to equity ratio
CN¥498.10m
Debt
| Interest coverage ratio | 15.4x |
| Cash | CN¥500.06m |
| Equity | CN¥1.57b |
| Total liabilities | CN¥1.89b |
| Total assets | CN¥3.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603966's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603966's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥519.2M).
Debt to Equity History and Analysis
Debt Level: 603966 has more cash than its total debt.
Reducing Debt: 603966's debt to equity ratio has reduced from 33.7% to 31.7% over the past 5 years.
Debt Coverage: 603966's debt is well covered by operating cash flow (66.4%).
Interest Coverage: 603966's interest payments on its debt are well covered by EBIT (15.4x coverage).