China Security Balance Sheet Health
Financial Health criteria checks 6/6
China Security has a total shareholder equity of CN¥1.6B and total debt of CN¥247.4M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥3.8B and CN¥2.2B respectively. China Security's EBIT is CN¥78.5M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥787.1M.
Key information
15.4%
Debt to equity ratio
CN¥247.43m
Debt
Interest coverage ratio | -1.8x |
Cash | CN¥787.10m |
Equity | CN¥1.61b |
Total liabilities | CN¥2.24b |
Total assets | CN¥3.85b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600654's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 600654's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥69.0M).
Debt to Equity History and Analysis
Debt Level: 600654 has more cash than its total debt.
Reducing Debt: 600654's debt to equity ratio has reduced from 1649.4% to 15.4% over the past 5 years.
Debt Coverage: 600654's debt is well covered by operating cash flow (151.8%).
Interest Coverage: 600654 earns more interest than it pays, so coverage of interest payments is not a concern.