Chengdu Dahongli MachineryLtd Balance Sheet Health
Financial Health criteria checks 4/6
Chengdu Dahongli MachineryLtd has a total shareholder equity of CN¥865.1M and total debt of CN¥17.7M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥1.1B and CN¥254.2M respectively.
Key information
2.0%
Debt to equity ratio
CN¥17.70m
Debt
Interest coverage ratio | n/a |
Cash | CN¥116.26m |
Equity | CN¥865.14m |
Total liabilities | CN¥254.22m |
Total assets | CN¥1.12b |
Financial Position Analysis
Short Term Liabilities: 300865's short term assets (CN¥772.4M) exceed its short term liabilities (CN¥240.3M).
Long Term Liabilities: 300865's short term assets (CN¥772.4M) exceed its long term liabilities (CN¥13.9M).
Debt to Equity History and Analysis
Debt Level: 300865 has more cash than its total debt.
Reducing Debt: 300865's debt to equity ratio has increased from 0% to 2% over the past 5 years.
Debt Coverage: 300865's debt is well covered by operating cash flow (465.8%).
Interest Coverage: Insufficient data to determine if 300865's interest payments on its debt are well covered by EBIT.