Henan Thinker Automatic EquipmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Henan Thinker Automatic EquipmentLtd has a total shareholder equity of CN¥4.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.0B and CN¥249.5M respectively. Henan Thinker Automatic EquipmentLtd's EBIT is CN¥408.2M making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥1.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.1x |
| Cash | CN¥1.59b |
| Equity | CN¥4.76b |
| Total liabilities | CN¥249.46m |
| Total assets | CN¥5.01b |
Recent financial health updates
No updates
Recent updates
Henan Thinker Automatic EquipmentLtd's (SHSE:603508) Solid Profits Have Weak Fundamentals
May 03
We Like These Underlying Return On Capital Trends At Henan Thinker Automatic EquipmentLtd (SHSE:603508)
Apr 05A Look At The Intrinsic Value Of Henan Thinker Automatic Equipment Co.,Ltd. (SHSE:603508)
Mar 19There's No Escaping Henan Thinker Automatic Equipment Co.,Ltd.'s (SHSE:603508) Muted Earnings Despite A 27% Share Price Rise
Mar 03Financial Position Analysis
Short Term Liabilities: 603508's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥245.9M).
Long Term Liabilities: 603508's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥3.6M).
Debt to Equity History and Analysis
Debt Level: 603508 is debt free.
Reducing Debt: 603508 had no debt 5 years ago.
Debt Coverage: 603508 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603508 has no debt, therefore coverage of interest payments is not a concern.