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¥1.3B and total debt of CN¥13.9M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥1.4B and CN¥185.7M respectively. Shanghai Vico Precision Mold &Plastics Co's EBIT is CN¥52.4M making its interest coverage ratio -258.7. It has cash and short-term investments of CN¥325.5M.
Key information
1.1%
Debt to equity ratio
CN¥13.86m
Debt
| Interest coverage ratio | -258.7x |
| Cash | CN¥325.45m |
| Equity | CN¥1.25b |
| Total liabilities | CN¥185.65m |
| Total assets | CN¥1.44b |
Financial Position Analysis
Short Term Liabilities: 301499's short term assets (CN¥799.1M) exceed its short term liabilities (CN¥159.0M).
Long Term Liabilities: 301499's short term assets (CN¥799.1M) exceed its long term liabilities (CN¥26.7M).
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 20.1% to 1.1% over the past 5 years.
Debt Coverage: 301499's debt is well covered by operating cash flow (362.6%).
Interest Coverage: 301499 earns more interest than it pays, so coverage of interest payments is not a concern.