Trans-China Automotive Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Trans-China Automotive Holdings has a total shareholder equity of CN¥198.3M and total debt of CN¥363.0M, which brings its debt-to-equity ratio to 183%. Its total assets and total liabilities are CN¥1.6B and CN¥1.4B respectively.
Key information
183.0%
Debt to equity ratio
CN¥363.03m
Debt
Interest coverage ratio | n/a |
Cash | CN¥74.96m |
Equity | CN¥198.32m |
Total liabilities | CN¥1.39b |
Total assets | CN¥1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VI2's short term assets (CN¥989.7M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: VI2's short term assets (CN¥989.7M) exceed its long term liabilities (CN¥326.9M).
Debt to Equity History and Analysis
Debt Level: VI2's net debt to equity ratio (145.3%) is considered high.
Reducing Debt: VI2 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VI2's debt is well covered by operating cash flow (29.2%).
Interest Coverage: Insufficient data to determine if VI2's interest payments on its debt are well covered by EBIT.