Sichuan Changhong ElectricLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Changhong ElectricLtd has a total shareholder equity of CN¥24.3B and total debt of CN¥19.7B, which brings its debt-to-equity ratio to 81%. Its total assets and total liabilities are CN¥94.8B and CN¥70.5B respectively. Sichuan Changhong ElectricLtd's EBIT is CN¥1.8B making its interest coverage ratio -7.6. It has cash and short-term investments of CN¥25.2B.
Key information
81.0%
Debt to equity ratio
CN¥19.70b
Debt
Interest coverage ratio | -7.6x |
Cash | CN¥25.15b |
Equity | CN¥24.32b |
Total liabilities | CN¥70.50b |
Total assets | CN¥94.82b |
Recent financial health updates
Recent updates
Sichuan Changhong ElectricLtd's (SHSE:600839) Earnings Are Weaker Than They Seem
May 02Pinning Down Sichuan Changhong Electric Co.,Ltd.'s (SHSE:600839) P/E Is Difficult Right Now
Apr 16Is Sichuan Changhong ElectricLtd (SHSE:600839) A Risky Investment?
Mar 20The Return Trends At Sichuan Changhong ElectricLtd (SHSE:600839) Look Promising
Feb 28Financial Position Analysis
Short Term Liabilities: 600839's short term assets (CN¥70.6B) exceed its short term liabilities (CN¥65.4B).
Long Term Liabilities: 600839's short term assets (CN¥70.6B) exceed its long term liabilities (CN¥5.1B).
Debt to Equity History and Analysis
Debt Level: 600839 has more cash than its total debt.
Reducing Debt: 600839's debt to equity ratio has increased from 78.7% to 81% over the past 5 years.
Debt Coverage: 600839's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 600839 earns more interest than it pays, so coverage of interest payments is not a concern.