CM Energy Tech Balance Sheet Health
Financial Health criteria checks 6/6
CM Energy Tech has a total shareholder equity of $175.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $326.3M and $150.5M respectively. CM Energy Tech's EBIT is $11.5M making its interest coverage ratio -4.7. It has cash and short-term investments of $73.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -4.7x |
Cash | US$73.37m |
Equity | US$175.82m |
Total liabilities | US$150.48m |
Total assets | US$326.30m |
Recent financial health updates
No updates
Recent updates
The 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 ($244.9M) exceed its short term liabilities ($128.3M).
Long Term Liabilities: 206's short term assets ($244.9M) exceed its long term liabilities ($22.1M).
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 61.2%.
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.