Shantui Construction Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Shantui Construction Machinery has a total shareholder equity of CN¥6.1B and total debt of CN¥760.7M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are CN¥14.2B and CN¥8.1B respectively. Shantui Construction Machinery's EBIT is CN¥739.7M making its interest coverage ratio -11.9. It has cash and short-term investments of CN¥3.5B.
Key information
12.5%
Debt to equity ratio
CN¥760.74m
Debt
Interest coverage ratio | -11.9x |
Cash | CN¥3.47b |
Equity | CN¥6.08b |
Total liabilities | CN¥8.14b |
Total assets | CN¥14.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000680's short term assets (CN¥11.0B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 000680's short term assets (CN¥11.0B) exceed its long term liabilities (CN¥399.5M).
Debt to Equity History and Analysis
Debt Level: 000680 has more cash than its total debt.
Reducing Debt: 000680's debt to equity ratio has reduced from 65.7% to 12.5% over the past 5 years.
Debt Coverage: 000680's debt is well covered by operating cash flow (25%).
Interest Coverage: 000680 earns more interest than it pays, so coverage of interest payments is not a concern.