CRRC Balance Sheet Health
Financial Health criteria checks 6/6
CRRC has a total shareholder equity of CN¥192.8B and total debt of CN¥30.3B, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are CN¥476.7B and CN¥283.9B respectively. CRRC's EBIT is CN¥11.9B making its interest coverage ratio -42.6. It has cash and short-term investments of CN¥55.1B.
Key information
15.7%
Debt to equity ratio
CN¥30.28b
Debt
Interest coverage ratio | -42.6x |
Cash | CN¥55.06b |
Equity | CN¥192.78b |
Total liabilities | CN¥283.93b |
Total assets | CN¥476.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRCC.Y's short term assets (CN¥320.0B) exceed its short term liabilities (CN¥259.1B).
Long Term Liabilities: CRCC.Y's short term assets (CN¥320.0B) exceed its long term liabilities (CN¥24.8B).
Debt to Equity History and Analysis
Debt Level: CRCC.Y has more cash than its total debt.
Reducing Debt: CRCC.Y's debt to equity ratio has reduced from 22.9% to 15.7% over the past 5 years.
Debt Coverage: CRCC.Y's debt is well covered by operating cash flow (33.4%).
Interest Coverage: CRCC.Y earns more interest than it pays, so coverage of interest payments is not a concern.