Chengdu ALD Aviation Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Chengdu ALD Aviation Manufacturing has a total shareholder equity of CN¥1.9B and total debt of CN¥25.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥2.1B and CN¥249.0M respectively.
Key information
1.3%
Debt to equity ratio
CN¥25.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥901.84m |
| Equity | CN¥1.86b |
| Total liabilities | CN¥249.03m |
| Total assets | CN¥2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300696's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥186.9M).
Long Term Liabilities: 300696's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥62.1M).
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 1.3% over the past 5 years.
Debt Coverage: 300696's debt is well covered by operating cash flow (600.5%).
Interest Coverage: Insufficient data to determine if 300696's interest payments on its debt are well covered by EBIT.