Chang Chun Eurasia Group Balance Sheet Health
Financial Health criteria checks 1/6
Chang Chun Eurasia Group has a total shareholder equity of CN¥4.2B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 172.6%. Its total assets and total liabilities are CN¥19.8B and CN¥15.6B respectively. Chang Chun Eurasia Group's EBIT is CN¥675.2M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥835.4M.
Key information
172.6%
Debt to equity ratio
CN¥7.33b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥835.43m |
| Equity | CN¥4.25b |
| Total liabilities | CN¥15.56b |
| Total assets | CN¥19.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600697's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥13.7B).
Long Term Liabilities: 600697's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 600697's net debt to equity ratio (153%) is considered high.
Reducing Debt: 600697's debt to equity ratio has increased from 151.7% to 172.6% over the past 5 years.
Debt Coverage: 600697's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 600697's interest payments on its debt are not well covered by EBIT (1.9x coverage).