Crown Advanced MaterialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Crown Advanced MaterialLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥17.7M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥3.3B and CN¥481.4M respectively.
Key information
0.6%
Debt to equity ratio
CN¥17.72m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.62b |
| Equity | CN¥2.83b |
| Total liabilities | CN¥481.43m |
| Total assets | CN¥3.31b |
Financial Position Analysis
Short Term Liabilities: 688560's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥461.3M).
Long Term Liabilities: 688560's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥20.1M).
Debt to Equity History and Analysis
Debt Level: 688560 has more cash than its total debt.
Reducing Debt: 688560's debt to equity ratio has reduced from 12.3% to 0.6% over the past 5 years.
Debt Coverage: 688560's debt is well covered by operating cash flow (1306.6%).
Interest Coverage: Insufficient data to determine if 688560's interest payments on its debt are well covered by EBIT.