This company listing is no longer active
CIMC Vehicles (Group) Balance Sheet Health
Financial Health criteria checks 6/6
CIMC Vehicles (Group) has a total shareholder equity of CN¥15.7B and total debt of CN¥895.2M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CN¥24.9B and CN¥9.1B respectively. CIMC Vehicles (Group)'s EBIT is CN¥1.7B making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥6.5B.
Key information
5.7%
Debt to equity ratio
CN¥895.24m
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥6.54b |
| Equity | CN¥15.73b |
| Total liabilities | CN¥9.13b |
| Total assets | CN¥24.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1839's short term assets (CN¥17.6B) exceed its short term liabilities (CN¥8.5B).
Long Term Liabilities: 1839's short term assets (CN¥17.6B) exceed its long term liabilities (CN¥626.4M).
Debt to Equity History and Analysis
Debt Level: 1839 has more cash than its total debt.
Reducing Debt: 1839's debt to equity ratio has reduced from 21.7% to 5.7% over the past 5 years.
Debt Coverage: 1839's debt is well covered by operating cash flow (157.7%).
Interest Coverage: 1839 earns more interest than it pays, so coverage of interest payments is not a concern.