Shanghai Bloom Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Bloom Technology has a total shareholder equity of CN¥2.3B and total debt of CN¥3.9M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥4.7B and CN¥2.4B respectively. Shanghai Bloom Technology's EBIT is CN¥201.0M making its interest coverage ratio -71. It has cash and short-term investments of CN¥1.6B.
Key information
0.2%
Debt to equity ratio
CN¥3.90m
Debt
Interest coverage ratio | -71x |
Cash | CN¥1.60b |
Equity | CN¥2.28b |
Total liabilities | CN¥2.43b |
Total assets | CN¥4.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603325's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 603325's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥23.0M).
Debt to Equity History and Analysis
Debt Level: 603325 has more cash than its total debt.
Reducing Debt: 603325's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 603325's debt is well covered by operating cash flow (21647.6%).
Interest Coverage: 603325 earns more interest than it pays, so coverage of interest payments is not a concern.