Autek China Balance Sheet Health
Financial Health criteria checks 6/6
Autek China has a total shareholder equity of CN¥4.9B and total debt of CN¥18.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥5.6B and CN¥702.0M respectively. Autek China's EBIT is CN¥756.2M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥3.0B.
Key information
0.4%
Debt to equity ratio
CN¥17.95m
Debt
Interest coverage ratio | -7.3x |
Cash | CN¥3.03b |
Equity | CN¥4.86b |
Total liabilities | CN¥702.01m |
Total assets | CN¥5.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300595's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥493.1M).
Long Term Liabilities: 300595's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥208.9M).
Debt to Equity History and Analysis
Debt Level: 300595 has more cash than its total debt.
Reducing Debt: 300595's debt to equity ratio has reduced from 0.7% to 0.4% over the past 5 years.
Debt Coverage: 300595's debt is well covered by operating cash flow (4078%).
Interest Coverage: 300595 earns more interest than it pays, so coverage of interest payments is not a concern.