Shaanxi Construction MachineryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shaanxi Construction MachineryLtd has a total shareholder equity of CN¥4.6B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 184.7%. Its total assets and total liabilities are CN¥17.8B and CN¥13.2B respectively.
Key information
184.7%
Debt to equity ratio
CN¥8.56b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.45b |
| Equity | CN¥4.64b |
| Total liabilities | CN¥13.18b |
| Total assets | CN¥17.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600984's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥6.3B).
Long Term Liabilities: 600984's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥6.9B).
Debt to Equity History and Analysis
Debt Level: 600984's net debt to equity ratio (153.4%) is considered high.
Reducing Debt: 600984's debt to equity ratio has increased from 55.6% to 184.7% over the past 5 years.
Debt Coverage: 600984's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: Insufficient data to determine if 600984's interest payments on its debt are well covered by EBIT.