Citychamp Dartong Advanced Materials Balance Sheet Health
Financial Health criteria checks 5/6
Citychamp Dartong Advanced Materials has a total shareholder equity of CN¥7.7B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are CN¥19.6B and CN¥11.9B respectively. Citychamp Dartong Advanced Materials's EBIT is CN¥112.7M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥768.0M.
Key information
41.0%
Debt to equity ratio
CN¥3.17b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥768.02m |
| Equity | CN¥7.71b |
| Total liabilities | CN¥11.89b |
| Total assets | CN¥19.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600067's short term assets (CN¥14.2B) exceed its short term liabilities (CN¥10.9B).
Long Term Liabilities: 600067's short term assets (CN¥14.2B) exceed its long term liabilities (CN¥972.7M).
Debt to Equity History and Analysis
Debt Level: 600067's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: 600067's debt to equity ratio has reduced from 81.1% to 41% over the past 5 years.
Debt Coverage: 600067's debt is well covered by operating cash flow (58.9%).
Interest Coverage: 600067's interest payments on its debt are not well covered by EBIT (1.2x coverage).