Shanxi Changcheng Microlight Equipment Balance Sheet Health
Financial Health criteria checks 0/6
Shanxi Changcheng Microlight Equipment has a total shareholder equity of CN¥-94.6M and total debt of CN¥88.4M, which brings its debt-to-equity ratio to -93.4%. Its total assets and total liabilities are CN¥157.6M and CN¥252.2M respectively.
Key information
-93.4%
Debt to equity ratio
CN¥88.37m
Debt
Interest coverage ratio | n/a |
Cash | CN¥316.00k |
Equity | -CN¥94.60m |
Total liabilities | CN¥252.19m |
Total assets | CN¥157.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8286 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 8286 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8286 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 8286's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 8286's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8286's interest payments on its debt are well covered by EBIT.