Changchai Company Balance Sheet Health
Financial Health criteria checks 6/6
Changchai Company has a total shareholder equity of CN¥3.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.4B and CN¥1.9B respectively. Changchai Company's EBIT is CN¥24.6M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥1.06b |
| Equity | CN¥3.53b |
| Total liabilities | CN¥1.87b |
| Total assets | CN¥5.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000570's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 000570's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥201.4M).
Debt to Equity History and Analysis
Debt Level: 000570 is debt free.
Reducing Debt: 000570 has no debt compared to 5 years ago when its debt to equity ratio was 4.1%.
Debt Coverage: 000570 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000570 has no debt, therefore coverage of interest payments is not a concern.