Crystal Growth & Energy EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Crystal Growth & Energy EquipmentLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥11.7M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥2.1B and CN¥508.2M respectively. Crystal Growth & Energy EquipmentLtd's EBIT is CN¥50.1M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥1.2B.
Key information
0.7%
Debt to equity ratio
CN¥11.74m
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥1.22b |
| Equity | CN¥1.59b |
| Total liabilities | CN¥508.23m |
| Total assets | CN¥2.10b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688478's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥485.3M).
Long Term Liabilities: 688478's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥22.9M).
Debt to Equity History and Analysis
Debt Level: 688478 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688478's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688478's debt is well covered by operating cash flow (167.8%).
Interest Coverage: 688478 earns more interest than it pays, so coverage of interest payments is not a concern.