Allied Machinery Balance Sheet Health
Financial Health criteria checks 5/6
Allied Machinery has a total shareholder equity of CN¥2.3B and total debt of CN¥191.1M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are CN¥2.8B and CN¥483.9M respectively. Allied Machinery's EBIT is CN¥217.3M making its interest coverage ratio -12.4. It has cash and short-term investments of CN¥712.1M.
Key information
8.4%
Debt to equity ratio
CN¥191.11m
Debt
| Interest coverage ratio | -12.4x |
| Cash | CN¥712.09m |
| Equity | CN¥2.29b |
| Total liabilities | CN¥483.89m |
| Total assets | CN¥2.77b |
Recent financial health updates
No updates
Recent updates
Allied Machinery Co., Ltd. (SHSE:605060) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Nov 11
The Returns On Capital At Allied Machinery (SHSE:605060) Don't Inspire Confidence
Oct 25Benign Growth For Allied Machinery Co., Ltd. (SHSE:605060) Underpins Its Share Price
Jun 06Returns On Capital At Allied Machinery (SHSE:605060) Paint A Concerning Picture
Mar 08Financial Position Analysis
Short Term Liabilities: 605060's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥424.3M).
Long Term Liabilities: 605060's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥59.6M).
Debt to Equity History and Analysis
Debt Level: 605060 has more cash than its total debt.
Reducing Debt: 605060's debt to equity ratio has increased from 0.7% to 8.4% over the past 5 years.
Debt Coverage: 605060's debt is well covered by operating cash flow (164.5%).
Interest Coverage: 605060 earns more interest than it pays, so coverage of interest payments is not a concern.