Aecc Aero-Engine ControlLtd Balance Sheet Health
Financial Health criteria checks 6/6
Aecc Aero-Engine ControlLtd has a total shareholder equity of CN¥12.5B 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¥16.0B and CN¥3.5B respectively. Aecc Aero-Engine ControlLtd's EBIT is CN¥721.1M making its interest coverage ratio -7.5. It has cash and short-term investments of CN¥3.9B.
Key information
0.05%
Debt to equity ratio
CN¥6.50m
Debt
Interest coverage ratio | -7.5x |
Cash | CN¥3.85b |
Equity | CN¥12.47b |
Total liabilities | CN¥3.51b |
Total assets | CN¥15.98b |
Recent financial health updates
No updates
Recent updates
Aecc 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¥11.3B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 000738's short term assets (CN¥11.3B) exceed its long term liabilities (CN¥600.6M).
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 7.5% to 0.05% over the past 5 years.
Debt Coverage: 000738's debt is well covered by operating cash flow (16833.5%).
Interest Coverage: 000738 earns more interest than it pays, so coverage of interest payments is not a concern.