Shanghai Vico Precision Mold &Plastics Co Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Vico Precision Mold &Plastics Co has a total shareholder equity of CN¥1.2B and total debt of CN¥91.3M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are CN¥1.5B and CN¥229.1M respectively. Shanghai Vico Precision Mold &Plastics Co's EBIT is CN¥69.7M making its interest coverage ratio 13.9. It has cash and short-term investments of CN¥426.7M.
Key information
7.3%
Debt to equity ratio
CN¥91.30m
Debt
Interest coverage ratio | 13.9x |
Cash | CN¥426.65m |
Equity | CN¥1.25b |
Total liabilities | CN¥229.09m |
Total assets | CN¥1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301499's short term assets (CN¥896.1M) exceed its short term liabilities (CN¥149.6M).
Long Term Liabilities: 301499's short term assets (CN¥896.1M) exceed its long term liabilities (CN¥79.5M).
Debt to Equity History and Analysis
Debt Level: 301499 has more cash than its total debt.
Reducing Debt: 301499's debt to equity ratio has reduced from 12.7% to 7.3% over the past 5 years.
Debt Coverage: 301499's debt is well covered by operating cash flow (89.4%).
Interest Coverage: 301499's interest payments on its debt are well covered by EBIT (13.9x coverage).