China Railway Harbin Group of Technology Balance Sheet Health
Financial Health criteria checks 5/6
China Railway Harbin Group of Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥2.9M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are CN¥3.9B and CN¥507.0M respectively. China Railway Harbin Group of Technology's EBIT is CN¥73.9M making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥2.5B.
Key information
0.08%
Debt to equity ratio
CN¥2.85m
Debt
Interest coverage ratio | -1.6x |
Cash | CN¥2.51b |
Equity | CN¥3.44b |
Total liabilities | CN¥507.05m |
Total assets | CN¥3.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688459's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥463.1M).
Long Term Liabilities: 688459's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥43.9M).
Debt to Equity History and Analysis
Debt Level: 688459 has more cash than its total debt.
Reducing Debt: 688459's debt to equity ratio has increased from 0% to 0.08% over the past 5 years.
Debt Coverage: 688459's debt is well covered by operating cash flow (5521.2%).
Interest Coverage: 688459 earns more interest than it pays, so coverage of interest payments is not a concern.