CIMC Safeway Technologies Balance Sheet Health
Financial Health criteria checks 6/6
CIMC Safeway Technologies has a total shareholder equity of CN¥4.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.4B and CN¥838.6M respectively. CIMC Safeway Technologies's EBIT is CN¥246.8M making its interest coverage ratio -3. It has cash and short-term investments of CN¥2.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥2.07b |
| Equity | CN¥4.58b |
| Total liabilities | CN¥838.56m |
| Total assets | CN¥5.42b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301559's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥721.9M).
Long Term Liabilities: 301559's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥116.6M).
Debt to Equity History and Analysis
Debt Level: 301559 is debt free.
Reducing Debt: 301559 has no debt compared to 5 years ago when its debt to equity ratio was 8.8%.
Debt Coverage: 301559 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301559 has no debt, therefore coverage of interest payments is not a concern.