Changzheng Engineering TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Changzheng Engineering TechnologyLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.4B and CN¥2.1B respectively. Changzheng Engineering TechnologyLtd's EBIT is CN¥122.6M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥1.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -2.6x |
Cash | CN¥1.90b |
Equity | CN¥3.30b |
Total liabilities | CN¥2.09b |
Total assets | CN¥5.39b |
Financial Position Analysis
Short Term Liabilities: 603698's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603698's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥57.2M).
Debt to Equity History and Analysis
Debt Level: 603698 is debt free.
Reducing Debt: 603698 has not had any debt for past 5 years.
Debt Coverage: 603698 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603698 has no debt, therefore coverage of interest payments is not a concern.