Shijiazhuang Shangtai Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shijiazhuang Shangtai Technology has a total shareholder equity of CN¥5.8B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are CN¥7.6B and CN¥1.8B respectively. Shijiazhuang Shangtai Technology's EBIT is CN¥724.2M making its interest coverage ratio 28.8. It has cash and short-term investments of CN¥97.6M.
Key information
21.5%
Debt to equity ratio
CN¥1.25b
Debt
| Interest coverage ratio | 28.8x |
| Cash | CN¥97.63m |
| Equity | CN¥5.82b |
| Total liabilities | CN¥1.83b |
| Total assets | CN¥7.65b |
Recent financial health updates
Recent updates
Shijiazhuang Shangtai Technology's (SZSE:001301) Shareholders Have More To Worry About Than Only Soft Earnings
May 05
Revenue Downgrade: Here's What Analysts Forecast For Shijiazhuang Shangtai Technology Co., Ltd. (SZSE:001301)
Apr 28Is Shijiazhuang Shangtai Technology (SZSE:001301) Using Too Much Debt?
Feb 26Financial Position Analysis
Short Term Liabilities: 001301's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 001301's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥561.9M).
Debt to Equity History and Analysis
Debt Level: 001301's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: 001301's debt to equity ratio has increased from 0% to 21.5% over the past 5 years.
Debt Coverage: 001301's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001301's interest payments on its debt are well covered by EBIT (28.8x coverage).