CIMC Enric Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CIMC Enric Holdings has a total shareholder equity of CN¥12.4B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥27.6B and CN¥15.2B respectively. CIMC Enric Holdings's EBIT is CN¥1.4B making its interest coverage ratio -30.9. It has cash and short-term investments of CN¥7.0B.
Key information
21.2%
Debt to equity ratio
CN¥2.63b
Debt
Interest coverage ratio | -30.9x |
Cash | CN¥7.03b |
Equity | CN¥12.37b |
Total liabilities | CN¥15.21b |
Total assets | CN¥27.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIME.F's short term assets (CN¥21.1B) exceed its short term liabilities (CN¥14.0B).
Long Term Liabilities: CIME.F's short term assets (CN¥21.1B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: CIME.F has more cash than its total debt.
Reducing Debt: CIME.F's debt to equity ratio has increased from 18.3% to 21.2% over the past 5 years.
Debt Coverage: CIME.F's debt is well covered by operating cash flow (67.8%).
Interest Coverage: CIME.F earns more interest than it pays, so coverage of interest payments is not a concern.