Arctech Solar Holding Balance Sheet Health
Financial Health criteria checks 5/6
Arctech Solar Holding has a total shareholder equity of CN¥2.9B and total debt of CN¥885.3M, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are CN¥7.7B and CN¥4.8B respectively. Arctech Solar Holding's EBIT is CN¥576.3M making its interest coverage ratio 43. It has cash and short-term investments of CN¥1.9B.
Key information
30.1%
Debt to equity ratio
CN¥885.35m
Debt
| Interest coverage ratio | 43x |
| Cash | CN¥1.86b |
| Equity | CN¥2.94b |
| Total liabilities | CN¥4.75b |
| Total assets | CN¥7.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688408's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 688408's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥326.6M).
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 10.8% to 30.1% over the past 5 years.
Debt Coverage: 688408's debt is well covered by operating cash flow (90.2%).
Interest Coverage: 688408's interest payments on its debt are well covered by EBIT (43x coverage).