Aecc Aero-Engine ControlLtd Balance Sheet Health
Financial Health criteria checks 6/6
Aecc Aero-Engine ControlLtd has a total shareholder equity of CN¥12.6B and total debt of CN¥6.5M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are CN¥16.3B and CN¥3.7B respectively. Aecc Aero-Engine ControlLtd's EBIT is CN¥745.2M making its interest coverage ratio -7.2. It has cash and short-term investments of CN¥3.5B.
Key information
0.05%
Debt to equity ratio
CN¥6.50m
Debt
| Interest coverage ratio | -7.2x |
| Cash | CN¥3.54b |
| Equity | CN¥12.63b |
| Total liabilities | CN¥3.71b |
| Total assets | CN¥16.34b |
Recent financial health updates
No updates
Recent updates
Aecc Aero-Engine ControlLtd's (SZSE:000738) Solid Earnings May Rest On Weak Foundations
Sep 03
Aecc Aero-Engine ControlLtd (SZSE:000738) Might Have The Makings Of A Multi-Bagger
Aug 28Some Shareholders Feeling Restless Over Aecc Aero-Engine Control Co.,Ltd.'s (SZSE:000738) P/E Ratio
Jul 20Aecc Aero-Engine ControlLtd's (SZSE:000738) Upcoming Dividend Will Be Larger Than Last Year's
Jun 24Returns On Capital At Aecc Aero-Engine ControlLtd (SZSE:000738) Have Hit The Brakes
May 25Aecc Aero-Engine Control Co.,Ltd. (SZSE:000738) Analysts Just Cut Their EPS Forecasts Substantially
Apr 01Earnings Miss: Aecc Aero-Engine Control Co.,Ltd. Missed EPS By 10% And Analysts Are Revising Their Forecasts
Mar 29There's Reason For Concern Over Aecc Aero-Engine Control Co.,Ltd.'s (SZSE:000738) Massive 27% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 000738's short term assets (CN¥11.4B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 000738's short term assets (CN¥11.4B) exceed its long term liabilities (CN¥506.8M).
Debt to Equity History and Analysis
Debt Level: 000738 has more cash than its total debt.
Reducing Debt: 000738's debt to equity ratio has reduced from 8.2% to 0.05% over the past 5 years.
Debt Coverage: 000738's debt is well covered by operating cash flow (10876.5%).
Interest Coverage: 000738 earns more interest than it pays, so coverage of interest payments is not a concern.