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¥5.4B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CN¥9.8B and CN¥4.3B respectively.
Key information
19.0%
Debt to equity ratio
CN¥1.03b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.85b |
| Equity | CN¥5.43b |
| Total liabilities | CN¥4.34b |
| Total assets | CN¥9.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000837's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 000837's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥1.1B).
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 99.4% to 19% over the past 5 years.
Debt Coverage: 000837's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: Insufficient data to determine if 000837's interest payments on its debt are well covered by EBIT.