Chongqing Polycomp International Balance Sheet Health
Financial Health criteria checks 2/6
Chongqing Polycomp International has a total shareholder equity of CN¥9.5B and total debt of CN¥11.3B, which brings its debt-to-equity ratio to 119.1%. Its total assets and total liabilities are CN¥22.9B and CN¥13.4B respectively. Chongqing Polycomp International's EBIT is CN¥509.9M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥4.1B.
Key information
119.1%
Debt to equity ratio
CN¥11.28b
Debt
Interest coverage ratio | 1.8x |
Cash | CN¥4.09b |
Equity | CN¥9.47b |
Total liabilities | CN¥13.43b |
Total assets | CN¥22.90b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301526's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥8.6B).
Long Term Liabilities: 301526's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥4.8B).
Debt to Equity History and Analysis
Debt Level: 301526's net debt to equity ratio (75.9%) is considered high.
Reducing Debt: 301526's debt to equity ratio has increased from 107% to 119.1% over the past 5 years.
Debt Coverage: 301526's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: 301526's interest payments on its debt are not well covered by EBIT (1.8x coverage).