AIMA Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
AIMA Technology Group has a total shareholder equity of CN¥7.8B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are CN¥19.9B and CN¥12.1B respectively. AIMA Technology Group's EBIT is CN¥1.7B making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥6.8B.
Key information
21.2%
Debt to equity ratio
CN¥1.65b
Debt
Interest coverage ratio | -4.1x |
Cash | CN¥6.84b |
Equity | CN¥7.78b |
Total liabilities | CN¥12.11b |
Total assets | CN¥19.89b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603529's short term assets (CN¥9.6B) do not cover its short term liabilities (CN¥10.1B).
Long Term Liabilities: 603529's short term assets (CN¥9.6B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 603529 has more cash than its total debt.
Reducing Debt: 603529's debt to equity ratio has increased from 0% to 21.2% over the past 5 years.
Debt Coverage: 603529's debt is well covered by operating cash flow (113%).
Interest Coverage: 603529 earns more interest than it pays, so coverage of interest payments is not a concern.