Roshow Technology Balance Sheet Health
Financial Health criteria checks 5/6
Roshow Technology has a total shareholder equity of CN¥6.1B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥10.4B and CN¥4.3B respectively. Roshow Technology's EBIT is CN¥293.2M making its interest coverage ratio 14.1. It has cash and short-term investments of CN¥1.4B.
Key information
31.3%
Debt to equity ratio
CN¥1.90b
Debt
Interest coverage ratio | 14.1x |
Cash | CN¥1.38b |
Equity | CN¥6.08b |
Total liabilities | CN¥4.29b |
Total assets | CN¥10.37b |
Recent financial health updates
Recent updates
Revenues Not Telling The Story For Roshow Technology Co., Ltd. (SZSE:002617)
Jun 21Does Roshow Technology (SZSE:002617) Have A Healthy Balance Sheet?
May 24Returns On Capital Signal Tricky Times Ahead For Roshow Technology (SZSE:002617)
Apr 13Roshow Technology Co., Ltd.'s (SZSE:002617) Shares Climb 30% But Its Business Is Yet to Catch Up
Mar 06Financial Position Analysis
Short Term Liabilities: 002617's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002617's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 002617's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 002617's debt to equity ratio has reduced from 111.6% to 31.3% over the past 5 years.
Debt Coverage: 002617's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: 002617's interest payments on its debt are well covered by EBIT (14.1x coverage).