Arctech Solar Holding Balance Sheet Health
Financial Health criteria checks 4/6
Arctech Solar Holding has a total shareholder equity of CN¥3.1B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are CN¥9.6B and CN¥6.5B respectively. Arctech Solar Holding's EBIT is CN¥795.0M making its interest coverage ratio 37. It has cash and short-term investments of CN¥2.1B.
Key information
55.5%
Debt to equity ratio
CN¥1.74b
Debt
| Interest coverage ratio | 37x |
| Cash | CN¥2.14b |
| Equity | CN¥3.13b |
| Total liabilities | CN¥6.50b |
| Total assets | CN¥9.63b |
Recent financial health updates
No updates
Recent updates
Arctech Solar Holding's (SHSE:688408) Solid Profits Have Weak Fundamentals
Nov 06
Calculating The Intrinsic Value Of Arctech Solar Holding Co., Ltd. (SHSE:688408)
Oct 19Further Upside For Arctech Solar Holding Co., Ltd. (SHSE:688408) Shares Could Introduce Price Risks After 40% Bounce
Oct 01Arctech Solar Holding Co., Ltd. (SHSE:688408) Doing What It Can To Lift Shares
Aug 14We Ran A Stock Scan For Earnings Growth And Arctech Solar Holding (SHSE:688408) Passed With Ease
May 21Investors Shouldn't Be Too Comfortable With Arctech Solar Holding's (SHSE:688408) Earnings
May 01Returns On Capital At Arctech Solar Holding (SHSE:688408) Have Stalled
Apr 23Market Cool On Arctech Solar Holding Co., Ltd.'s (SHSE:688408) Revenues
Feb 28Financial Position Analysis
Short Term Liabilities: 688408's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 688408's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥726.6M).
Debt to Equity History and Analysis
Debt Level: 688408 has more cash than its total debt.
Reducing Debt: 688408's debt to equity ratio has increased from 10.2% to 55.5% over the past 5 years.
Debt Coverage: 688408's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688408's interest payments on its debt are well covered by EBIT (37x coverage).