Acter Technology Integration Group Balance Sheet Health
Financial Health criteria checks 6/6
Acter Technology Integration Group has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥746.7M respectively. Acter Technology Integration Group's EBIT is CN¥146.7M making its interest coverage ratio -21.2. It has cash and short-term investments of CN¥664.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -21.2x |
| Cash | CN¥664.91m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥746.75m |
| Total assets | CN¥1.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603163's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥721.7M).
Long Term Liabilities: 603163's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥25.0M).
Debt to Equity History and Analysis
Debt Level: 603163 is debt free.
Reducing Debt: 603163 has no debt compared to 5 years ago when its debt to equity ratio was 24.8%.
Debt Coverage: 603163 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603163 has no debt, therefore coverage of interest payments is not a concern.