China Machinery Huanyu Certification and Inspection Balance Sheet Health
Financial Health criteria checks 6/6
China Machinery Huanyu Certification and Inspection has a total shareholder equity of CN¥2.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.7B and CN¥702.9M respectively. China Machinery Huanyu Certification and Inspection's EBIT is CN¥185.1M making its interest coverage ratio -179.3. It has cash and short-term investments of CN¥817.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -179.3x |
Cash | CN¥817.24m |
Equity | CN¥2.01b |
Total liabilities | CN¥702.93m |
Total assets | CN¥2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301508's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥644.6M).
Long Term Liabilities: 301508's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥58.4M).
Debt to Equity History and Analysis
Debt Level: 301508 is debt free.
Reducing Debt: 301508 had no debt 5 years ago.
Debt Coverage: 301508 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301508 has no debt, therefore coverage of interest payments is not a concern.