Aerospace Intelligent Manufacturing Technology Balance Sheet Health
Financial Health criteria checks 5/6
Aerospace Intelligent Manufacturing Technology has a total shareholder equity of CN¥5.0B and total debt of CN¥482.6M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are CN¥9.1B and CN¥4.1B respectively. Aerospace Intelligent Manufacturing Technology's EBIT is CN¥701.9M making its interest coverage ratio -71. It has cash and short-term investments of CN¥2.5B.
Key information
9.7%
Debt to equity ratio
CN¥482.56m
Debt
Interest coverage ratio | -71x |
Cash | CN¥2.53b |
Equity | CN¥4.99b |
Total liabilities | CN¥4.14b |
Total assets | CN¥9.13b |
Financial Position Analysis
Short Term Liabilities: 300446's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 300446's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥345.4M).
Debt to Equity History and Analysis
Debt Level: 300446 has more cash than its total debt.
Reducing Debt: 300446's debt to equity ratio has increased from 0% to 9.7% over the past 5 years.
Debt Coverage: 300446's debt is well covered by operating cash flow (173.7%).
Interest Coverage: 300446 earns more interest than it pays, so coverage of interest payments is not a concern.