China Automotive Systems Balance Sheet Health
Financial Health criteria checks 6/6
China Automotive Systems has a total shareholder equity of $368.4M and total debt of $49.2M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are $766.4M and $398.0M respectively. China Automotive Systems's EBIT is $39.2M making its interest coverage ratio -19.9. It has cash and short-term investments of $125.7M.
Key information
13.4%
Debt to equity ratio
US$49.23m
Debt
| Interest coverage ratio | -19.9x |
| Cash | US$125.74m |
| Equity | US$368.42m |
| Total liabilities | US$398.02m |
| Total assets | US$766.44m |
Recent financial health updates
Recent updates
China Automotive Systems, Inc.'s (NASDAQ:CAAS) Low P/E No Reason For Excitement
Jan 23
Here'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 11Introducing China Automotive Systems (NASDAQ:CAAS), The Stock That Zoomed 122% In The Last Year
Dec 05
China Automotive Systems soars 23% after guiding for 2021 sales boom
Nov 30China Automotive Systems EPS beats by $0.07, beats on revenue
Nov 12Financial Position Analysis
Short Term Liabilities: CAAS's short term assets ($564.1M) exceed its short term liabilities ($383.7M).
Long Term Liabilities: CAAS's short term assets ($564.1M) exceed its long term liabilities ($14.3M).
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 24.1% to 13.4% over the past 5 years.
Debt Coverage: CAAS's debt is well covered by operating cash flow (40.4%).
Interest Coverage: CAAS earns more interest than it pays, so coverage of interest payments is not a concern.