MotoMotion China Balance Sheet Health
Financial Health criteria checks 5/6
MotoMotion China has a total shareholder equity of CN¥3.0B and total debt of CN¥36.5M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥3.6B and CN¥557.2M respectively. MotoMotion China's EBIT is CN¥407.7M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥1.8B.
Key information
1.2%
Debt to equity ratio
CN¥36.49m
Debt
Interest coverage ratio | -8.5x |
Cash | CN¥1.77b |
Equity | CN¥3.00b |
Total liabilities | CN¥557.23m |
Total assets | CN¥3.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301061's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥458.7M).
Long Term Liabilities: 301061's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥98.5M).
Debt to Equity History and Analysis
Debt Level: 301061 has more cash than its total debt.
Reducing Debt: 301061's debt to equity ratio has increased from 0% to 1.2% over the past 5 years.
Debt Coverage: 301061's debt is well covered by operating cash flow (1451.9%).
Interest Coverage: 301061 earns more interest than it pays, so coverage of interest payments is not a concern.