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Retech Technology Balance Sheet Health
Financial Health criteria checks 3/6
Key information
32.31%
Debt to equity ratio
CN¥104.91m
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥223.09m |
| Equity | CN¥324.76m |
| Total liabilities | CN¥258.11m |
| Total assets | CN¥582.87m |
Recent financial health updates
Recent updates
Here's What's Concerning About Retech Technology's (ASX:RTE) Returns On Capital
Sep 02
Would Shareholders Who Purchased Retech Technology's (ASX:RTE) Stock Three Years Be Happy With The Share price Today?
Feb 17Is Retech Technology (ASX:RTE) Likely To Turn Things Around?
Jan 26
Should You Use Retech Technology's (ASX:RTE) Statutory Earnings To Analyse It?
Jan 05Retech Technology (ASX:RTE) Seems To Use Debt Quite Sensibly
Dec 14Declining Stock and Solid Fundamentals: Is The Market Wrong About Retech Technology Co., Limited (ASX:RTE)?
Nov 26Declining Stock and Solid Fundamentals: Is The Market Wrong About Retech Technology Co., Limited (ASX:RTE)?
Jun 16Financial Position Analysis
Short Term Liabilities: RTE's short term assets (CN¥508.8M) exceed its short term liabilities (CN¥249.7M).
Long Term Liabilities: RTE's short term assets (CN¥508.8M) exceed its long term liabilities (CN¥8.4M).
Debt to Equity History and Analysis
Debt Level: RTE has more cash than its total debt.
Reducing Debt: RTE's debt to equity ratio has increased from 5.9% to 32.3% over the past 5 years.
Debt Coverage: RTE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RTE's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/11/07 10:47 |
| End of Day Share Price | 2022/08/10 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Retech Technology Co., Limited is covered by 1 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Marc Kennis | Pitt Street Research Pty Ltd. |