CRRC Balance Sheet Health
Financial Health criteria checks 6/6
CRRC has a total shareholder equity of CN¥203.8B and total debt of CN¥14.5B, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥501.5B and CN¥297.7B respectively. CRRC's EBIT is CN¥16.0B making its interest coverage ratio -12.1. It has cash and short-term investments of CN¥55.4B.
Key information
7.1%
Debt to equity ratio
CN¥14.52b
Debt
| Interest coverage ratio | -12.1x |
| Cash | CN¥55.39b |
| Equity | CN¥203.81b |
| Total liabilities | CN¥297.69b |
| Total assets | CN¥501.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1766's short term assets (CN¥339.1B) exceed its short term liabilities (CN¥273.5B).
Long Term Liabilities: 1766's short term assets (CN¥339.1B) exceed its long term liabilities (CN¥24.2B).
Debt to Equity History and Analysis
Debt Level: 1766 has more cash than its total debt.
Reducing Debt: 1766's debt to equity ratio has reduced from 15% to 7.1% over the past 5 years.
Debt Coverage: 1766's debt is well covered by operating cash flow (181.4%).
Interest Coverage: 1766 earns more interest than it pays, so coverage of interest payments is not a concern.