CIMC Enric Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CIMC Enric Holdings has a total shareholder equity of CN¥12.4B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are CN¥29.7B and CN¥17.2B respectively. CIMC Enric Holdings's EBIT is CN¥1.3B making its interest coverage ratio -12.9. It has cash and short-term investments of CN¥9.7B.
Key information
24.7%
Debt to equity ratio
CN¥3.08b
Debt
| Interest coverage ratio | -12.9x |
| Cash | CN¥9.66b |
| Equity | CN¥12.45b |
| Total liabilities | CN¥17.23b |
| Total assets | CN¥29.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3899's short term assets (CN¥22.9B) exceed its short term liabilities (CN¥15.4B).
Long Term Liabilities: 3899's short term assets (CN¥22.9B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 3899 has more cash than its total debt.
Reducing Debt: 3899's debt to equity ratio has increased from 16.9% to 24.7% over the past 5 years.
Debt Coverage: 3899's debt is well covered by operating cash flow (59.4%).
Interest Coverage: 3899 earns more interest than it pays, so coverage of interest payments is not a concern.