China Transinfo Technology Balance Sheet Health
Financial Health criteria checks 6/6
China Transinfo Technology has a total shareholder equity of CN¥13.0B and total debt of CN¥688.3M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are CN¥18.5B and CN¥5.6B respectively. China Transinfo Technology's EBIT is CN¥93.5M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥3.8B.
Key information
5.3%
Debt to equity ratio
CN¥688.34m
Debt
| Interest coverage ratio | -0.7x |
| Cash | CN¥3.84b |
| Equity | CN¥12.98b |
| Total liabilities | CN¥5.56b |
| Total assets | CN¥18.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002373's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 002373's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥274.9M).
Debt to Equity History and Analysis
Debt Level: 002373 has more cash than its total debt.
Reducing Debt: 002373's debt to equity ratio has reduced from 8.2% to 5.3% over the past 5 years.
Debt Coverage: 002373's debt is well covered by operating cash flow (27.7%).
Interest Coverage: 002373 earns more interest than it pays, so coverage of interest payments is not a concern.