Chongqing Millison Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Chongqing Millison Technologies has a total shareholder equity of CN¥3.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are CN¥6.1B and CN¥2.9B respectively.
Key information
38.2%
Debt to equity ratio
CN¥1.23b
Debt
Interest coverage ratio | n/a |
Cash | CN¥589.29m |
Equity | CN¥3.22b |
Total liabilities | CN¥2.89b |
Total assets | CN¥6.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301307's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 301307's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥749.3M).
Debt to Equity History and Analysis
Debt Level: 301307's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: 301307's debt to equity ratio has reduced from 167.1% to 38.2% over the past 5 years.
Debt Coverage: 301307's debt is well covered by operating cash flow (59.5%).
Interest Coverage: Insufficient data to determine if 301307's interest payments on its debt are well covered by EBIT.