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¥2.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.5B and CN¥375.9M respectively. China Machinery Huanyu Certification and Inspection's EBIT is CN¥119.3M making its interest coverage ratio -14. It has cash and short-term investments of CN¥524.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -14x |
| Cash | CN¥524.03m |
| Equity | CN¥2.11b |
| Total liabilities | CN¥375.86m |
| Total assets | CN¥2.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301508's short term assets (CN¥907.3M) exceed its short term liabilities (CN¥301.5M).
Long Term Liabilities: 301508's short term assets (CN¥907.3M) exceed its long term liabilities (CN¥74.4M).
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.