East China Engineering Science and Technology Balance Sheet Health
Financial Health criteria checks 4/6
East China Engineering Science and Technology has a total shareholder equity of CN¥4.8B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are CN¥16.4B and CN¥11.6B respectively. East China Engineering Science and Technology's EBIT is CN¥499.5M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥3.9B.
Key information
40.2%
Debt to equity ratio
CN¥1.94b
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥3.93b |
| Equity | CN¥4.82b |
| Total liabilities | CN¥11.59b |
| Total assets | CN¥16.41b |
Recent financial health updates
These 4 Measures Indicate That East China Engineering Science and Technology (SZSE:002140) Is Using Debt Reasonably Well
Oct 28
Is East China Engineering Science and Technology (SZSE:002140) Using Too Much Debt?
Apr 30Recent updates
We Think East China Engineering Science and Technology's (SZSE:002140) Solid Earnings Are Understated
Nov 06These 4 Measures Indicate That East China Engineering Science and Technology (SZSE:002140) Is Using Debt Reasonably Well
Oct 28East China Engineering Science and Technology (SZSE:002140) Is Increasing Its Dividend To CN¥0.11
Jun 22East China Engineering Science and Technology (SZSE:002140) Has Some Way To Go To Become A Multi-Bagger
Jun 07Is East China Engineering Science and Technology (SZSE:002140) Using Too Much Debt?
Apr 30East China Engineering Science and Technology's (SZSE:002140) Earnings Seem To Be Promising
Apr 08Improved Earnings Required Before East China Engineering Science and Technology Co., Ltd. (SZSE:002140) Stock's 25% Jump Looks Justified
Mar 06East China Engineering Science and Technology (SZSE:002140) Is Doing The Right Things To Multiply Its Share Price
Feb 28Financial Position Analysis
Short Term Liabilities: 002140's short term assets (CN¥9.8B) do not cover its short term liabilities (CN¥9.8B).
Long Term Liabilities: 002140's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 002140 has more cash than its total debt.
Reducing Debt: 002140's debt to equity ratio has increased from 32.4% to 40.2% over the past 5 years.
Debt Coverage: 002140's debt is well covered by operating cash flow (47%).
Interest Coverage: 002140 earns more interest than it pays, so coverage of interest payments is not a concern.