East China Engineering Science and Technology Balance Sheet Health
Financial Health criteria checks 5/6
East China Engineering Science and Technology has a total shareholder equity of CN¥4.6B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are CN¥15.7B and CN¥11.0B respectively. East China Engineering Science and Technology's EBIT is CN¥333.5M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥3.4B.
Key information
30.5%
Debt to equity ratio
CN¥1.42b
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥3.36b |
| Equity | CN¥4.65b |
| Total liabilities | CN¥11.01b |
| Total assets | CN¥15.66b |
Recent financial health updates
Recent updates
Is East China Engineering Science and Technology (SZSE:002140) Using Too Much Debt?
Apr 30
East 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¥9.4B) do not cover its short term liabilities (CN¥10.0B).
Long Term Liabilities: 002140's short term assets (CN¥9.4B) exceed its long term liabilities (CN¥1.0B).
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 reduced from 33.2% to 30.5% over the past 5 years.
Debt Coverage: 002140's debt is well covered by operating cash flow (68.9%).
Interest Coverage: 002140 earns more interest than it pays, so coverage of interest payments is not a concern.