Moso Power Supply TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Moso Power Supply TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥39.9M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥1.8B and CN¥519.3M respectively. Moso Power Supply TechnologyLtd's EBIT is CN¥43.2M making its interest coverage ratio -4. It has cash and short-term investments of CN¥629.5M.
Key information
3.1%
Debt to equity ratio
CN¥39.92m
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥629.49m |
| Equity | CN¥1.28b |
| Total liabilities | CN¥519.28m |
| Total assets | CN¥1.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002660's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥478.5M).
Long Term Liabilities: 002660's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥40.8M).
Debt to Equity History and Analysis
Debt Level: 002660 has more cash than its total debt.
Reducing Debt: 002660's debt to equity ratio has reduced from 40.4% to 3.1% over the past 5 years.
Debt Coverage: 002660's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002660 earns more interest than it pays, so coverage of interest payments is not a concern.