Square Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Square Technology GroupLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥100.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.4B and CN¥858.1M respectively. Square Technology GroupLtd's EBIT is CN¥333.4M making its interest coverage ratio -9.7. It has cash and short-term investments of CN¥1.4B.
Key information
0.004%
Debt to equity ratio
CN¥100.00k
Debt
Interest coverage ratio | -9.7x |
Cash | CN¥1.40b |
Equity | CN¥2.52b |
Total liabilities | CN¥858.07m |
Total assets | CN¥3.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603339's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥820.8M).
Long Term Liabilities: 603339's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥37.3M).
Debt to Equity History and Analysis
Debt Level: 603339 has more cash than its total debt.
Reducing Debt: 603339's debt to equity ratio has reduced from 11.9% to 0% over the past 5 years.
Debt Coverage: 603339's debt is well covered by operating cash flow (494404.2%).
Interest Coverage: 603339 earns more interest than it pays, so coverage of interest payments is not a concern.