Create Technology & ScienceLtd Balance Sheet Health
Financial Health criteria checks 6/6
Create Technology & ScienceLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥552.3M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are CN¥6.3B and CN¥2.8B respectively. Create Technology & ScienceLtd's EBIT is CN¥368.3M making its interest coverage ratio -10.8. It has cash and short-term investments of CN¥1.1B.
Key information
15.5%
Debt to equity ratio
CN¥552.28m
Debt
| Interest coverage ratio | -10.8x |
| Cash | CN¥1.11b |
| Equity | CN¥3.56b |
| Total liabilities | CN¥2.76b |
| Total assets | CN¥6.31b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Create Technology & Science Co.,Ltd.'s (SZSE:000551) Muted Earnings Despite A 53% Share Price Rise
Oct 10
Create Technology & ScienceLtd's (SZSE:000551) Anemic Earnings Might Be Worse Than You Think
Apr 15Create Technology & Science Co.,Ltd.'s (SZSE:000551) Price Is Right But Growth Is Lacking After Shares Rocket 32%
Mar 07Financial Position Analysis
Short Term Liabilities: 000551's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 000551's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥156.0M).
Debt to Equity History and Analysis
Debt Level: 000551 has more cash than its total debt.
Reducing Debt: 000551's debt to equity ratio has reduced from 24.1% to 15.5% over the past 5 years.
Debt Coverage: 000551's debt is well covered by operating cash flow (78%).
Interest Coverage: 000551 earns more interest than it pays, so coverage of interest payments is not a concern.