Chongqing VDL Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing VDL Electronics has a total shareholder equity of CN¥1.7B and total debt of CN¥577.0M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are CN¥2.6B and CN¥979.0M respectively. Chongqing VDL Electronics's EBIT is CN¥52.4M making its interest coverage ratio 77.5. It has cash and short-term investments of CN¥852.2M.
Key information
34.6%
Debt to equity ratio
CN¥576.98m
Debt
| Interest coverage ratio | 77.5x |
| Cash | CN¥852.16m |
| Equity | CN¥1.67b |
| Total liabilities | CN¥978.98m |
| Total assets | CN¥2.65b |
Recent financial health updates
No updates
Recent updates
Chongqing VDL Electronics Co., Ltd.'s (SZSE:301121) Shares Climb 27% But Its Business Is Yet to Catch Up
Nov 05
Shareholders In Chongqing VDL Electronics (SZSE:301121) Should Look Beyond Earnings For The Full Story
Sep 03Earnings Not Telling The Story For Chongqing VDL Electronics Co., Ltd. (SZSE:301121) After Shares Rise 26%
May 21Chongqing VDL Electronics Co., Ltd. (SZSE:301121) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 301121's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥890.6M).
Long Term Liabilities: 301121's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥88.4M).
Debt to Equity History and Analysis
Debt Level: 301121 has more cash than its total debt.
Reducing Debt: 301121's debt to equity ratio has increased from 0.3% to 34.6% over the past 5 years.
Debt Coverage: 301121's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 301121's interest payments on its debt are well covered by EBIT (77.5x coverage).