China Railway Materials Balance Sheet Health
Financial Health criteria checks 5/6
China Railway Materials has a total shareholder equity of CN¥10.4B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are CN¥22.3B and CN¥11.8B respectively. China Railway Materials's EBIT is CN¥467.1M making its interest coverage ratio -15.3. It has cash and short-term investments of CN¥3.8B.
Key information
15.7%
Debt to equity ratio
CN¥1.63b
Debt
| Interest coverage ratio | -15.3x |
| Cash | CN¥3.83b |
| Equity | CN¥10.41b |
| Total liabilities | CN¥11.85b |
| Total assets | CN¥22.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000927's short term assets (CN¥17.2B) exceed its short term liabilities (CN¥10.3B).
Long Term Liabilities: 000927's short term assets (CN¥17.2B) exceed its long term liabilities (CN¥1.5B).
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 (20.4%).
Interest Coverage: 000927 earns more interest than it pays, so coverage of interest payments is not a concern.