SEC Electric Machinery Balance Sheet Health
Financial Health criteria checks 6/6
SEC Electric Machinery has a total shareholder equity of CN¥655.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥411.8M respectively. SEC Electric Machinery's EBIT is CN¥27.4M making its interest coverage ratio -30.8. It has cash and short-term investments of CN¥101.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -30.8x |
Cash | CN¥101.67m |
Equity | CN¥655.29m |
Total liabilities | CN¥411.80m |
Total assets | CN¥1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603988's short term assets (CN¥911.6M) exceed its short term liabilities (CN¥371.0M).
Long Term Liabilities: 603988's short term assets (CN¥911.6M) exceed its long term liabilities (CN¥40.8M).
Debt to Equity History and Analysis
Debt Level: 603988 is debt free.
Reducing Debt: 603988 has not had any debt for past 5 years.
Debt Coverage: 603988 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603988 has no debt, therefore coverage of interest payments is not a concern.