Chongqing Chuanyi Automation Balance Sheet Health
Financial Health criteria checks 6/6
Chongqing Chuanyi Automation has a total shareholder equity of CN¥4.1B and total debt of CN¥350.9M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥8.1B and CN¥4.0B respectively. Chongqing Chuanyi Automation's EBIT is CN¥628.2M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥2.1B.
Key information
8.5%
Debt to equity ratio
CN¥350.85m
Debt
Interest coverage ratio | -3.1x |
Cash | CN¥2.14b |
Equity | CN¥4.13b |
Total liabilities | CN¥3.96b |
Total assets | CN¥8.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603100's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 603100's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥417.7M).
Debt to Equity History and Analysis
Debt Level: 603100 has more cash than its total debt.
Reducing Debt: 603100's debt to equity ratio has reduced from 44.4% to 8.5% over the past 5 years.
Debt Coverage: 603100's debt is well covered by operating cash flow (121.7%).
Interest Coverage: 603100 earns more interest than it pays, so coverage of interest payments is not a concern.