Centre Testing International Group Balance Sheet Health
Financial Health criteria checks 6/6
Centre Testing International Group has a total shareholder equity of CN¥6.6B and total debt of CN¥124.3M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥8.4B and CN¥1.9B respectively. Centre Testing International Group's EBIT is CN¥782.9M making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥1.1B.
Key information
1.9%
Debt to equity ratio
CN¥124.33m
Debt
| Interest coverage ratio | -9.8x |
| Cash | CN¥1.08b |
| Equity | CN¥6.55b |
| Total liabilities | CN¥1.87b |
| Total assets | CN¥8.43b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for Centre Testing International Group (SZSE:300012) Shareholders
Apr 25
Centre Testing International Group Co. Ltd. Just Missed EPS By 25%: Here's What Analysts Think Will Happen Next
Apr 21A Look At The Fair Value Of Centre Testing International Group Co. Ltd. (SZSE:300012)
Mar 28Is Centre Testing International Group (SZSE:300012) A Risky Investment?
Mar 14Returns On Capital Are Showing Encouraging Signs At Centre Testing International Group (SZSE:300012)
Feb 28Financial Position Analysis
Short Term Liabilities: 300012's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 300012's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥494.0M).
Debt to Equity History and Analysis
Debt Level: 300012 has more cash than its total debt.
Reducing Debt: 300012's debt to equity ratio has reduced from 12.1% to 1.9% over the past 5 years.
Debt Coverage: 300012's debt is well covered by operating cash flow (785.5%).
Interest Coverage: 300012 earns more interest than it pays, so coverage of interest payments is not a concern.