China Railway Materials Balance Sheet Health
Financial Health criteria checks 5/6
China Railway Materials has a total shareholder equity of CN¥10.2B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are CN¥26.1B and CN¥15.9B respectively. China Railway Materials's EBIT is CN¥602.9M making its interest coverage ratio -33.9. It has cash and short-term investments of CN¥5.6B.
Key information
20.8%
Debt to equity ratio
CN¥2.12b
Debt
Interest coverage ratio | -33.9x |
Cash | CN¥5.62b |
Equity | CN¥10.16b |
Total liabilities | CN¥15.90b |
Total assets | CN¥26.07b |
Financial Position Analysis
Short Term Liabilities: 000927's short term assets (CN¥21.1B) exceed its short term liabilities (CN¥14.9B).
Long Term Liabilities: 000927's short term assets (CN¥21.1B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 000927 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 000927's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 000927's debt is well covered by operating cash flow (88.2%).
Interest Coverage: 000927 earns more interest than it pays, so coverage of interest payments is not a concern.