China Automotive Systems Balance Sheet Health
Financial Health criteria checks 6/6
China Automotive Systems has a total shareholder equity of $389.3M and total debt of $59.7M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are $829.0M and $439.8M respectively. China Automotive Systems's EBIT is $45.1M making its interest coverage ratio 17.7. It has cash and short-term investments of $98.3M.
Key information
15.3%
Debt to equity ratio
US$59.74m
Debt
| Interest coverage ratio | 17.7x |
| Cash | US$98.31m |
| Equity | US$389.26m |
| Total liabilities | US$439.77m |
| Total assets | US$829.03m |
Recent financial health updates
Recent updates
China Automotive Systems: Revenue And Profitability Growth Not Converting To Cash Flows
Oct 19Further Upside For China Automotive Systems, Inc. (NASDAQ:CAAS) Shares Could Introduce Price Risks After 26% Bounce
Oct 01
Returns On Capital Are Showing Encouraging Signs At China Automotive Systems (NASDAQ:CAAS)
Sep 28China Automotive Systems' (NASDAQ:CAAS) Returns On Capital Are Heading Higher
Jun 04China Automotive Systems, Inc.'s (NASDAQ:CAAS) Low P/E No Reason For Excitement
Jan 23Here's Why We Think China Automotive Systems (NASDAQ:CAAS) Might Deserve Your Attention Today
Nov 07Here's What To Make Of China Automotive Systems' (NASDAQ:CAAS) Decelerating Rates Of Return
May 22Is Now The Time To Put China Automotive Systems (NASDAQ:CAAS) On Your Watchlist?
May 01Here's What's Concerning About China Automotive Systems' (NASDAQ:CAAS) Returns On Capital
Jan 11China Automotive Systems: 3 Factors Undergird Our Bullish Rating
Sep 26We Ran A Stock Scan For Earnings Growth And China Automotive Systems (NASDAQ:CAAS) Passed With Ease
Aug 18China Automotive Systems Q2 2022 Earnings Preview
Aug 11Returns On Capital Signal Difficult Times Ahead For China Automotive Systems (NASDAQ:CAAS)
Mar 17China Automotive Systems' (NASDAQ:CAAS) Returns On Capital Not Reflecting Well On The Business
Oct 29If You Like EPS Growth Then Check Out China Automotive Systems (NASDAQ:CAAS) Before It's Too Late
Aug 18This Is Why China Automotive Systems, Inc.'s (NASDAQ:CAAS) CEO Can Expect A Bump Up In Their Pay Packet
Jul 21China Automotive Systems acquires 40% stake in Sentient AB for €20M
Jun 09Did Business Growth Power China Automotive Systems' (NASDAQ:CAAS) Share Price Gain of 128%?
Mar 05What You Need To Know About China Automotive Systems, Inc.'s (NASDAQ:CAAS) Investor Composition
Jan 15China Automotive Systems Has Momentum
Dec 11Jie Li Is The Chief Financial Officer of China Automotive Systems, Inc. (NASDAQ:CAAS) And They Just Sold 35% Of Their Shares
Dec 11Financial Position Analysis
Short Term Liabilities: CAAS's short term assets ($590.1M) exceed its short term liabilities ($433.5M).
Long Term Liabilities: CAAS's short term assets ($590.1M) exceed its long term liabilities ($6.3M).
Debt to Equity History and Analysis
Debt Level: CAAS has more cash than its total debt.
Reducing Debt: CAAS's debt to equity ratio has reduced from 23.8% to 15.3% over the past 5 years.
Debt Coverage: CAAS's debt is well covered by operating cash flow (43%).
Interest Coverage: CAAS's interest payments on its debt are well covered by EBIT (17.7x coverage).