CM Energy Tech Balance Sheet Health
Financial Health criteria checks 6/6
CM Energy Tech has a total shareholder equity of $177.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $307.7M and $130.6M respectively. CM Energy Tech's EBIT is $12.8M making its interest coverage ratio -4.9. It has cash and short-term investments of $70.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -4.9x |
| Cash | US$70.78m |
| Equity | US$177.09m |
| Total liabilities | US$130.61m |
| Total assets | US$307.70m |
Recent financial health updates
No updates
Recent updates
CM Energy Tech Co., Ltd.'s (HKG:206) 30% Dip In Price Shows Sentiment Is Matching Earnings
Sep 13
CM Energy Tech's (HKG:206) Conservative Accounting Might Explain Soft Earnings
Sep 03Returns Are Gaining Momentum At CM Energy Tech (HKG:206)
Aug 19The Return Trends At CM Energy Tech (HKG:206) Look Promising
Aug 31CMIC Ocean En-Tech Holding (HKG:206) Is Looking To Continue Growing Its Returns On Capital
Dec 07There Is A Reason CMIC Ocean En-Tech Holding Co., Ltd.'s (HKG:206) Price Is Undemanding
Jul 09How Has CMIC Ocean En-Tech Holding (HKG:206) Allocated Its Capital?
Feb 21We Wouldn't Rely On CMIC Ocean En-Tech Holding's (HKG:206) Statutory Earnings As A Guide
Jan 16CMIC Ocean En-Tech Holding's(HKG:206) Share Price Is Down 83% Over The Past Five Years.
Dec 12Financial Position Analysis
Short Term Liabilities: 206's short term assets ($234.7M) exceed its short term liabilities ($113.3M).
Long Term Liabilities: 206's short term assets ($234.7M) exceed its long term liabilities ($17.3M).
Debt to Equity History and Analysis
Debt Level: 206 is debt free.
Reducing Debt: 206 has no debt compared to 5 years ago when its debt to equity ratio was 14.1%.
Debt Coverage: 206 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 206 has no debt, therefore coverage of interest payments is not a concern.