China Railway Signal & Communication Balance Sheet Health
Financial Health criteria checks 6/6
China Railway Signal & Communication has a total shareholder equity of CN¥49.6B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥118.1B and CN¥68.4B respectively. China Railway Signal & Communication's EBIT is CN¥3.9B making its interest coverage ratio -7. It has cash and short-term investments of CN¥22.4B.
Key information
6.8%
Debt to equity ratio
CN¥3.38b
Debt
Interest coverage ratio | -7x |
Cash | CN¥22.41b |
Equity | CN¥49.63b |
Total liabilities | CN¥68.45b |
Total assets | CN¥118.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRYC.Y's short term assets (CN¥91.8B) exceed its short term liabilities (CN¥64.6B).
Long Term Liabilities: CRYC.Y's short term assets (CN¥91.8B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: CRYC.Y has more cash than its total debt.
Reducing Debt: CRYC.Y's debt to equity ratio has reduced from 7.6% to 6.8% over the past 5 years.
Debt Coverage: CRYC.Y's debt is well covered by operating cash flow (161%).
Interest Coverage: CRYC.Y earns more interest than it pays, so coverage of interest payments is not a concern.