Eurocrane (China) Balance Sheet Health
Financial Health criteria checks 5/6
Eurocrane (China) has a total shareholder equity of CN¥1.6B and total debt of CN¥634.5M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are CN¥3.8B and CN¥2.2B respectively. Eurocrane (China)'s EBIT is CN¥184.7M making its interest coverage ratio 14.6. It has cash and short-term investments of CN¥586.2M.
Key information
39.7%
Debt to equity ratio
CN¥634.48m
Debt
| Interest coverage ratio | 14.6x |
| Cash | CN¥586.21m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥2.16b |
| Total assets | CN¥3.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603966's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 603966's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥521.7M).
Debt to Equity History and Analysis
Debt Level: 603966's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 603966's debt to equity ratio has increased from 25.9% to 39.7% over the past 5 years.
Debt Coverage: 603966's debt is well covered by operating cash flow (56.6%).
Interest Coverage: 603966's interest payments on its debt are well covered by EBIT (14.6x coverage).