CRRC Balance Sheet Health
Financial Health criteria checks 6/6
CRRC has a total shareholder equity of CN¥198.0B and total debt of CN¥15.6B, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥471.5B and CN¥273.5B respectively. CRRC's EBIT is CN¥14.5B making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥75.7B.
Key information
7.9%
Debt to equity ratio
CN¥15.56b
Debt
Interest coverage ratio | -9.6x |
Cash | CN¥75.68b |
Equity | CN¥198.00b |
Total liabilities | CN¥273.53b |
Total assets | CN¥471.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C2L's short term assets (CN¥313.3B) exceed its short term liabilities (CN¥248.5B).
Long Term Liabilities: C2L's short term assets (CN¥313.3B) exceed its long term liabilities (CN¥25.1B).
Debt to Equity History and Analysis
Debt Level: C2L has more cash than its total debt.
Reducing Debt: C2L's debt to equity ratio has reduced from 15.6% to 7.9% over the past 5 years.
Debt Coverage: C2L's debt is well covered by operating cash flow (234.3%).
Interest Coverage: C2L earns more interest than it pays, so coverage of interest payments is not a concern.