Streamax Technology Balance Sheet Health
Financial Health criteria checks 5/6
Streamax Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥319.1M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CN¥2.5B and CN¥1.1B respectively. Streamax Technology's EBIT is CN¥103.8M making its interest coverage ratio -10.9. It has cash and short-term investments of CN¥855.9M.
Key information
22.4%
Debt to equity ratio
CN¥319.09m
Debt
Interest coverage ratio | -10.9x |
Cash | CN¥855.87m |
Equity | CN¥1.43b |
Total liabilities | CN¥1.12b |
Total assets | CN¥2.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002970's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥978.6M).
Long Term Liabilities: 002970's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥138.7M).
Debt to Equity History and Analysis
Debt Level: 002970 has more cash than its total debt.
Reducing Debt: 002970's debt to equity ratio has increased from 7.8% to 22.4% over the past 5 years.
Debt Coverage: 002970's debt is well covered by operating cash flow (100.5%).
Interest Coverage: 002970 earns more interest than it pays, so coverage of interest payments is not a concern.