Shenzhen UTIMES Intelligent Equipment Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen UTIMES Intelligent Equipment has a total shareholder equity of CN¥1.1B and total debt of CN¥274.7M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are CN¥2.1B and CN¥1.0B respectively.
Key information
25.1%
Debt to equity ratio
CN¥274.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥440.73m |
| Equity | CN¥1.09b |
| Total liabilities | CN¥1.01b |
| Total assets | CN¥2.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688638's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥989.9M).
Long Term Liabilities: 688638's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥23.5M).
Debt to Equity History and Analysis
Debt Level: 688638 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688638's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688638's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688638's interest payments on its debt are well covered by EBIT.