CATARC Automotive Proving GroundLtd Balance Sheet Health
Financial Health criteria checks 6/6
CATARC Automotive Proving GroundLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.4B and CN¥566.7M respectively. CATARC Automotive Proving GroundLtd's EBIT is CN¥147.0M making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥564.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.6x |
| Cash | CN¥564.20m |
| Equity | CN¥2.83b |
| Total liabilities | CN¥566.70m |
| Total assets | CN¥3.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301215's short term assets (CN¥848.8M) exceed its short term liabilities (CN¥283.5M).
Long Term Liabilities: 301215's short term assets (CN¥848.8M) exceed its long term liabilities (CN¥283.2M).
Debt to Equity History and Analysis
Debt Level: 301215 is debt free.
Reducing Debt: 301215 has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.
Debt Coverage: 301215 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301215 has no debt, therefore coverage of interest payments is not a concern.