East China Engineering Science and Technology Balance Sheet Health
Financial Health criteria checks 4/6
East China Engineering Science and Technology has a total shareholder equity of CN¥4.7B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are CN¥16.0B and CN¥11.4B respectively. East China Engineering Science and Technology's EBIT is CN¥343.8M making its interest coverage ratio -1.9. It has cash and short-term investments of CN¥3.3B.
Key information
36.3%
Debt to equity ratio
CN¥1.69b
Debt
| Interest coverage ratio | -1.9x |
| Cash | CN¥3.29b |
| Equity | CN¥4.65b |
| Total liabilities | CN¥11.40b |
| Total assets | CN¥16.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002140's short term assets (CN¥9.5B) do not cover its short term liabilities (CN¥9.9B).
Long Term Liabilities: 002140's short term assets (CN¥9.5B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 002140 has more cash than its total debt.
Reducing Debt: 002140's debt to equity ratio has increased from 33.1% to 36.3% over the past 5 years.
Debt Coverage: 002140's debt is well covered by operating cash flow (32.5%).
Interest Coverage: 002140 earns more interest than it pays, so coverage of interest payments is not a concern.