Changchun UP OptotechLtd Balance Sheet Health
Financial Health criteria checks 5/6
Changchun UP OptotechLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥237.5M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CN¥2.1B and CN¥624.2M respectively. Changchun UP OptotechLtd's EBIT is CN¥88.2M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥211.5M.
Key information
16.0%
Debt to equity ratio
CN¥237.50m
Debt
| Interest coverage ratio | -2.1x |
| Cash | CN¥211.54m |
| Equity | CN¥1.49b |
| Total liabilities | CN¥624.23m |
| Total assets | CN¥2.11b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002338's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥330.7M).
Long Term Liabilities: 002338's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥293.5M).
Debt to Equity History and Analysis
Debt Level: 002338's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: 002338's debt to equity ratio has increased from 0.9% to 16% over the past 5 years.
Debt Coverage: 002338's debt is well covered by operating cash flow (57.2%).
Interest Coverage: 002338 earns more interest than it pays, so coverage of interest payments is not a concern.