Shenyang Machine Tool Balance Sheet Health
Financial Health criteria checks 4/6
Shenyang Machine Tool has a total shareholder equity of CN¥949.8M and total debt of CN¥630.1M, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are CN¥3.1B and CN¥2.2B respectively.
Key information
66.3%
Debt to equity ratio
CN¥630.08m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥280.71m |
| Equity | CN¥949.83m |
| Total liabilities | CN¥2.17b |
| Total assets | CN¥3.12b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000410's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 000410's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥613.7M).
Debt to Equity History and Analysis
Debt Level: 000410's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: 000410 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 000410's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: Insufficient data to determine if 000410's interest payments on its debt are well covered by EBIT.