Shenzhen UTIMES Intelligent Equipment Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen UTIMES Intelligent Equipment has a total shareholder equity of CN¥1.1B and total debt of CN¥144.5M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥1.9B and CN¥841.5M respectively. Shenzhen UTIMES Intelligent Equipment's EBIT is CN¥81.2M making its interest coverage ratio -19.4. It has cash and short-term investments of CN¥331.9M.
Key information
13.1%
Debt to equity ratio
CN¥144.54m
Debt
Interest coverage ratio | -19.4x |
Cash | CN¥331.93m |
Equity | CN¥1.10b |
Total liabilities | CN¥841.54m |
Total assets | CN¥1.94b |
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¥832.1M).
Long Term Liabilities: 688638's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥9.5M).
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: 688638 earns more interest than it pays, so coverage of interest payments is not a concern.