Chengdu M&S Electronics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Chengdu M&S Electronics TechnologyLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥401.5M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are CN¥2.8B and CN¥1.0B respectively.
Key information
22.9%
Debt to equity ratio
CN¥401.53m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥598.91m |
| Equity | CN¥1.76b |
| Total liabilities | CN¥1.01b |
| Total assets | CN¥2.77b |
Financial Position Analysis
Short Term Liabilities: 688311's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥598.8M).
Long Term Liabilities: 688311's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥409.9M).
Debt to Equity History and Analysis
Debt Level: 688311 has more cash than its total debt.
Reducing Debt: 688311's debt to equity ratio has increased from 3.7% to 22.9% over the past 5 years.
Debt Coverage: 688311's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688311's interest payments on its debt are well covered by EBIT.