Chengdu ALD Aviation Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Chengdu ALD Aviation Manufacturing has a total shareholder equity of CN¥1.8B and total debt of CN¥25.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥2.0B and CN¥186.9M respectively.
Key information
1.4%
Debt to equity ratio
CN¥25.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥860.75m |
| Equity | CN¥1.84b |
| Total liabilities | CN¥186.91m |
| Total assets | CN¥2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300696's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥126.7M).
Long Term Liabilities: 300696's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥60.2M).
Debt to Equity History and Analysis
Debt Level: 300696 has more cash than its total debt.
Reducing Debt: 300696's debt to equity ratio has reduced from 3.7% to 1.4% over the past 5 years.
Debt Coverage: 300696's debt is well covered by operating cash flow (962.5%).
Interest Coverage: Insufficient data to determine if 300696's interest payments on its debt are well covered by EBIT.