China CAMC Engineering Balance Sheet Health
Financial Health criteria checks 5/6
China CAMC Engineering has a total shareholder equity of CN¥11.4B and total debt of CN¥854.2M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are CN¥22.6B and CN¥11.2B respectively. China CAMC Engineering's EBIT is CN¥493.4M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥6.3B.
Key information
7.5%
Debt to equity ratio
CN¥854.22m
Debt
| Interest coverage ratio | -10.2x |
| Cash | CN¥6.26b |
| Equity | CN¥11.43b |
| Total liabilities | CN¥11.20b |
| Total assets | CN¥22.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002051's short term assets (CN¥18.2B) exceed its short term liabilities (CN¥10.2B).
Long Term Liabilities: 002051's short term assets (CN¥18.2B) exceed its long term liabilities (CN¥959.1M).
Debt to Equity History and Analysis
Debt Level: 002051 has more cash than its total debt.
Reducing Debt: 002051's debt to equity ratio has reduced from 9.9% to 7.5% over the past 5 years.
Debt Coverage: 002051's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002051 earns more interest than it pays, so coverage of interest payments is not a concern.