IFE Elevators Balance Sheet Health
Financial Health criteria checks 5/6
IFE Elevators has a total shareholder equity of CN¥1.3B and total debt of CN¥113.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥2.1B and CN¥762.7M respectively. IFE Elevators's EBIT is CN¥155.2M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥874.0M.
Key information
0.009%
Debt to equity ratio
CN¥113.00k
Debt
Interest coverage ratio | -7.3x |
Cash | CN¥874.03m |
Equity | CN¥1.30b |
Total liabilities | CN¥762.70m |
Total assets | CN¥2.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002774's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥700.0M).
Long Term Liabilities: 002774's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥62.7M).
Debt to Equity History and Analysis
Debt Level: 002774 has more cash than its total debt.
Reducing Debt: 002774's debt to equity ratio has increased from 0% to 0.01% over the past 5 years.
Debt Coverage: 002774's debt is well covered by operating cash flow (113702.1%).
Interest Coverage: 002774 earns more interest than it pays, so coverage of interest payments is not a concern.