Integrated Electronic Systems Lab Balance Sheet Health
Financial Health criteria checks 5/6
Integrated Electronic Systems Lab has a total shareholder equity of CN¥2.0B and total debt of CN¥718.6M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are CN¥3.9B and CN¥1.9B respectively. Integrated Electronic Systems Lab's EBIT is CN¥115.6M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥886.6M.
Key information
35.2%
Debt to equity ratio
CN¥718.55m
Debt
Interest coverage ratio | -10.2x |
Cash | CN¥886.56m |
Equity | CN¥2.04b |
Total liabilities | CN¥1.89b |
Total assets | CN¥3.93b |
Financial Position Analysis
Short Term Liabilities: 002339's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002339's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥472.1M).
Debt to Equity History and Analysis
Debt Level: 002339 has more cash than its total debt.
Reducing Debt: 002339's debt to equity ratio has increased from 32.8% to 35.2% over the past 5 years.
Debt Coverage: 002339's debt is well covered by operating cash flow (20.7%).
Interest Coverage: 002339 earns more interest than it pays, so coverage of interest payments is not a concern.