Eaglerise Electric & Electronic (China) Balance Sheet Health
Financial Health criteria checks 4/6
Eaglerise Electric & Electronic (China) has a total shareholder equity of CN¥3.2B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are CN¥6.9B and CN¥3.7B respectively. Eaglerise Electric & Electronic (China)'s EBIT is CN¥365.4M making its interest coverage ratio 53.4. It has cash and short-term investments of CN¥1.1B.
Key information
45.8%
Debt to equity ratio
CN¥1.46b
Debt
| Interest coverage ratio | 53.4x |
| Cash | CN¥1.13b |
| Equity | CN¥3.18b |
| Total liabilities | CN¥3.72b |
| Total assets | CN¥6.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002922's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002922's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥588.7M).
Debt to Equity History and Analysis
Debt Level: 002922's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 002922's debt to equity ratio has increased from 11.7% to 45.8% over the past 5 years.
Debt Coverage: 002922's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: 002922's interest payments on its debt are well covered by EBIT (53.4x coverage).