Qinchuan Machine Tool & Tool Group Share Balance Sheet Health
Financial Health criteria checks 4/6
Qinchuan Machine Tool & Tool Group Share has a total shareholder equity of CN¥5.5B and total debt of CN¥933.9M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥9.5B and CN¥4.0B respectively.
Key information
17.1%
Debt to equity ratio
CN¥933.86m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.56b |
| Equity | CN¥5.46b |
| Total liabilities | CN¥4.01b |
| Total assets | CN¥9.47b |
Recent financial health updates
Recent updates
Qinchuan Machine Tool & Tool Group Share Co., Ltd.'s (SZSE:000837) 26% Price Boost Is Out Of Tune With Revenues
Nov 11
Qinchuan Machine Tool & Tool Group Share's (SZSE:000837) Problems Go Beyond Weak Profit
Nov 06Subdued Growth No Barrier To Qinchuan Machine Tool & Tool Group Share Co., Ltd.'s (SZSE:000837) Price
Sep 27Does Qinchuan Machine Tool & Tool Group Share (SZSE:000837) Have A Healthy Balance Sheet?
Aug 01Qinchuan Machine Tool & Tool Group Share Co., Ltd.'s (SZSE:000837) Popularity With Investors Is Under Threat From Overpricing
Jun 23Qinchuan Machine Tool & Tool Group Share's (SZSE:000837) Shareholders Have More To Worry About Than Lackluster Earnings
Apr 07Optimistic Investors Push Qinchuan Machine Tool & Tool Group Share Co., Ltd. (SZSE:000837) Shares Up 35% But Growth Is Lacking
Mar 01Financial Position Analysis
Short Term Liabilities: 000837's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 000837's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 000837 has more cash than its total debt.
Reducing Debt: 000837's debt to equity ratio has reduced from 100% to 17.1% over the past 5 years.
Debt Coverage: 000837's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: Insufficient data to determine if 000837's interest payments on its debt are well covered by EBIT.