Sinomach Auto mobileLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sinomach Auto mobileLtd has a total shareholder equity of CN¥11.3B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are CN¥35.5B and CN¥24.2B respectively. Sinomach Auto mobileLtd's EBIT is CN¥719.0M making its interest coverage ratio 4. It has cash and short-term investments of CN¥4.5B.
Key information
24.0%
Debt to equity ratio
CN¥2.71b
Debt
Interest coverage ratio | 4x |
Cash | CN¥4.50b |
Equity | CN¥11.32b |
Total liabilities | CN¥24.17b |
Total assets | CN¥35.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600335's short term assets (CN¥29.6B) exceed its short term liabilities (CN¥23.1B).
Long Term Liabilities: 600335's short term assets (CN¥29.6B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 600335 has more cash than its total debt.
Reducing Debt: 600335's debt to equity ratio has reduced from 113.4% to 24% over the past 5 years.
Debt Coverage: 600335's debt is well covered by operating cash flow (69%).
Interest Coverage: 600335's interest payments on its debt are well covered by EBIT (4x coverage).