Zhuzhou CRRC Times Electric Balance Sheet Health
Financial Health criteria checks 5/6
Zhuzhou CRRC Times Electric has a total shareholder equity of CN¥37.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥53.4B and CN¥15.7B respectively. Zhuzhou CRRC Times Electric's EBIT is CN¥2.6B making its interest coverage ratio -9.5. It has cash and short-term investments of CN¥13.8B.
Key information
3.0%
Debt to equity ratio
CN¥1.12b
Debt
Interest coverage ratio | -9.5x |
Cash | CN¥13.83b |
Equity | CN¥37.72b |
Total liabilities | CN¥15.69b |
Total assets | CN¥53.40b |
Recent financial health updates
Zhuzhou CRRC Times Electric (HKG:3898) Seems To Use Debt Rather Sparingly
Mar 20Zhuzhou CRRC Times Electric (HKG:3898) Seems To Use Debt Rather Sparingly
Dec 04We Think Zhuzhou CRRC Times Electric (HKG:3898) Can Manage Its Debt With Ease
Aug 18Is Zhuzhou CRRC Times Electric (HKG:3898) Using Too Much Debt?
May 16Is Zhuzhou CRRC Times Electric (HKG:3898) Using Too Much Debt?
Jan 30Is Zhuzhou CRRC Times Electric (HKG:3898) A Risky Investment?
Oct 09Recent updates
Zhuzhou CRRC Times Electric's (HKG:3898) Profits Appear To Have Quality Issues
Apr 04Zhuzhou CRRC Times Electric (HKG:3898) Seems To Use Debt Rather Sparingly
Mar 20There's Reason For Concern Over Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Massive 27% Price Jump
Mar 01Zhuzhou CRRC Times Electric's (HKG:3898) Returns On Capital Not Reflecting Well On The Business
Jan 17Unpleasant Surprises Could Be In Store For Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Shares
Dec 26Zhuzhou CRRC Times Electric (HKG:3898) Seems To Use Debt Rather Sparingly
Dec 04There Are Reasons To Feel Uneasy About Zhuzhou CRRC Times Electric's (HKG:3898) Returns On Capital
Oct 09Here's Why We Think Zhuzhou CRRC Times Electric (HKG:3898) Is Well Worth Watching
Sep 24We Think Zhuzhou CRRC Times Electric (HKG:3898) Can Manage Its Debt With Ease
Aug 18Is Zhuzhou CRRC Times Electric (HKG:3898) Using Too Much Debt?
May 16Calculating The Intrinsic Value Of Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898)
Apr 10There Are Reasons To Feel Uneasy About Zhuzhou CRRC Times Electric's (HKG:3898) Returns On Capital
Mar 07Is Zhuzhou CRRC Times Electric (HKG:3898) Using Too Much Debt?
Jan 30Zhuzhou CRRC Times Electric (HKG:3898) Is Reinvesting At Lower Rates Of Return
Dec 06Is Zhuzhou CRRC Times Electric (HKG:3898) A Risky Investment?
Oct 09Investors Could Be Concerned With Zhuzhou CRRC Times Electric's (HKG:3898) Returns On Capital
Jul 26Zhuzhou CRRC Times Electric (HKG:3898) Has A Pretty Healthy Balance Sheet
Jul 04Returns On Capital At Zhuzhou CRRC Times Electric (HKG:3898) Paint A Concerning Picture
Apr 18We Think Zhuzhou CRRC Times Electric (HKG:3898) Can Stay On Top Of Its Debt
Apr 03Does This Valuation Of Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898) Imply Investors Are Overpaying?
Feb 11Be Wary Of Zhuzhou CRRC Times Electric (HKG:3898) And Its Returns On Capital
Dec 30Is Zhuzhou CRRC Times Electric (HKG:3898) A Risky Investment?
Nov 10A Look At The Fair Value Of Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898)
Oct 05Returns On Capital At Zhuzhou CRRC Times Electric (HKG:3898) Paint A Concerning Picture
Jul 31Calculating The Fair Value Of Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898)
May 07Returns On Capital At Zhuzhou CRRC Times Electric (HKG:3898) Paint A Concerning Picture
Apr 22We Think That There Are More Issues For Zhuzhou CRRC Times Electric (HKG:3898) Than Just Sluggish Earnings
Apr 07Zhuzhou CRRC Times Electric (HKG:3898) Has A Pretty Healthy Balance Sheet
Apr 06What You Need To Know About Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Investor Composition
Mar 08Zhuzhou CRRC Times Electric Co., Ltd.'s (HKG:3898) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Feb 23Did You Miss Zhuzhou CRRC Times Electric's (HKG:3898) 24% Share Price Gain?
Feb 10Is Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 28Has Zhuzhou CRRC Times Electric (HKG:3898) Got What It Takes To Become A Multi-Bagger?
Jan 12Zhuzhou CRRC Times Electric Co., Ltd. Just Beat EPS By 94%: Here's What Analysts Think Will Happen Next
Dec 29These 4 Measures Indicate That Zhuzhou CRRC Times Electric (HKG:3898) Is Using Debt Safely
Dec 28Financial Position Analysis
Short Term Liabilities: 3898's short term assets (CN¥37.5B) exceed its short term liabilities (CN¥13.4B).
Long Term Liabilities: 3898's short term assets (CN¥37.5B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 3898 has more cash than its total debt.
Reducing Debt: 3898's debt to equity ratio has increased from 2.6% to 3% over the past 5 years.
Debt Coverage: 3898's debt is well covered by operating cash flow (248.9%).
Interest Coverage: 3898 earns more interest than it pays, so coverage of interest payments is not a concern.