Eaglerise Electric & Electronic (China) Balance Sheet Health
Financial Health criteria checks 5/6
Eaglerise Electric & Electronic (China) has a total shareholder equity of CN¥3.1B and total debt of CN¥918.0M, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are CN¥5.5B and CN¥2.4B respectively. Eaglerise Electric & Electronic (China)'s EBIT is CN¥334.4M making its interest coverage ratio 51.2. It has cash and short-term investments of CN¥1.3B.
Key information
29.7%
Debt to equity ratio
CN¥918.03m
Debt
| Interest coverage ratio | 51.2x |
| Cash | CN¥1.33b |
| Equity | CN¥3.09b |
| Total liabilities | CN¥2.41b |
| Total assets | CN¥5.50b |
Recent financial health updates
No updates
Recent updates
Eaglerise Electric & Electronic (China) (SZSE:002922) Is Increasing Its Dividend To CN¥0.30
May 08
Eaglerise Electric & Electronic (China) Co., Ltd's (SZSE:002922) Shares Leap 28% Yet They're Still Not Telling The Full Story
May 03Eaglerise Electric & Electronic (China)'s (SZSE:002922) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 05Eaglerise Electric & Electronic (China) Co., Ltd (SZSE:002922) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Mar 08Is Now The Time To Put Eaglerise Electric & Electronic (China) (SZSE:002922) On Your Watchlist?
Mar 06Financial Position Analysis
Short Term Liabilities: 002922's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002922's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥351.9M).
Debt to Equity History and Analysis
Debt Level: 002922 has more cash than its total debt.
Reducing Debt: 002922's debt to equity ratio has increased from 14.6% to 29.7% over the past 5 years.
Debt Coverage: 002922's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 002922's interest payments on its debt are well covered by EBIT (51.2x coverage).