Changan Minsheng APLL Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Changan Minsheng APLL Logistics has a total shareholder equity of CN¥2.2B and total debt of CN¥166.9M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CN¥5.4B and CN¥3.2B respectively. Changan Minsheng APLL Logistics's EBIT is CN¥79.9M making its interest coverage ratio -14.5. It has cash and short-term investments of CN¥1.2B.
Key information
7.6%
Debt to equity ratio
CN¥166.89m
Debt
| Interest coverage ratio | -14.5x |
| Cash | CN¥1.22b |
| Equity | CN¥2.19b |
| Total liabilities | CN¥3.19b |
| Total assets | CN¥5.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W8R's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: W8R's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥222.4M).
Debt to Equity History and Analysis
Debt Level: W8R has more cash than its total debt.
Reducing Debt: W8R's debt to equity ratio has increased from 0.5% to 7.6% over the past 5 years.
Debt Coverage: W8R's debt is well covered by operating cash flow (128.3%).
Interest Coverage: W8R earns more interest than it pays, so coverage of interest payments is not a concern.