Chongqing Mas Sci.&Tech.Co.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Chongqing Mas Sci.&Tech.Co.Ltd has a total shareholder equity of CN¥844.7M and total debt of CN¥192.1M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are CN¥1.3B and CN¥492.9M respectively. Chongqing Mas Sci.&Tech.Co.Ltd's EBIT is CN¥66.7M making its interest coverage ratio 12.9. It has cash and short-term investments of CN¥115.3M.
Key information
22.7%
Debt to equity ratio
CN¥192.06m
Debt
| Interest coverage ratio | 12.9x |
| Cash | CN¥115.34m |
| Equity | CN¥844.69m |
| Total liabilities | CN¥492.90m |
| Total assets | CN¥1.34b |
Financial Position Analysis
Short Term Liabilities: 300275's short term assets (CN¥788.7M) exceed its short term liabilities (CN¥392.2M).
Long Term Liabilities: 300275's short term assets (CN¥788.7M) exceed its long term liabilities (CN¥100.7M).
Debt to Equity History and Analysis
Debt Level: 300275's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 300275's debt to equity ratio has increased from 10.6% to 22.7% over the past 5 years.
Debt Coverage: 300275's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 300275's interest payments on its debt are well covered by EBIT (12.9x coverage).