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¥7.3M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥5.4B and CN¥3.0B respectively. Shanghai Bloom Technology's EBIT is CN¥260.6M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥1.6B.
Key information
0.3%
Debt to equity ratio
CN¥7.32m
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥1.64b |
| Equity | CN¥2.34b |
| Total liabilities | CN¥3.04b |
| Total assets | CN¥5.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603325's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 603325's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥26.3M).
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 0.3% over the past 5 years.
Debt Coverage: 603325's debt is well covered by operating cash flow (9400.1%).
Interest Coverage: 603325 earns more interest than it pays, so coverage of interest payments is not a concern.