China Automotive Systems Balance Sheet Health
Financial Health criteria checks 6/6
China Automotive Systems has a total shareholder equity of $398.8M and total debt of $46.6M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are $785.0M and $386.2M respectively. China Automotive Systems's EBIT is $44.2M making its interest coverage ratio -19. It has cash and short-term investments of $107.1M.
Key information
11.7%
Debt to equity ratio
US$46.58m
Debt
Interest coverage ratio | -19x |
Cash | US$107.09m |
Equity | US$398.75m |
Total liabilities | US$386.24m |
Total assets | US$784.99m |
Recent financial health updates
Recent updates
China 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 11Introducing China Automotive Systems (NASDAQ:CAAS), The Stock That Zoomed 122% In The Last Year
Dec 05China 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 ($570.1M) exceed its short term liabilities ($380.0M).
Long Term Liabilities: CAAS's short term assets ($570.1M) exceed its long term liabilities ($6.2M).
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 26.5% to 11.7% over the past 5 years.
Debt Coverage: CAAS's debt is well covered by operating cash flow (62.5%).
Interest Coverage: CAAS earns more interest than it pays, so coverage of interest payments is not a concern.