Xiamen R&T Plumbing TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Xiamen R&T Plumbing TechnologyLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥36.6M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥2.6B and CN¥492.8M respectively. Xiamen R&T Plumbing TechnologyLtd's EBIT is CN¥160.1M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥1.1B.
Key information
1.8%
Debt to equity ratio
CN¥36.58m
Debt
| Interest coverage ratio | -8.2x |
| Cash | CN¥1.14b |
| Equity | CN¥2.09b |
| Total liabilities | CN¥492.79m |
| Total assets | CN¥2.58b |
Recent financial health updates
No updates
Recent updates
Xiamen R&T Plumbing TechnologyLtd's (SZSE:002790) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 04
Market Might Still Lack Some Conviction On Xiamen R&T Plumbing Technology Co.,Ltd. (SZSE:002790) Even After 33% Share Price Boost
Oct 02Returns At Xiamen R&T Plumbing TechnologyLtd (SZSE:002790) Appear To Be Weighed Down
May 09Earnings Miss: Xiamen R&T Plumbing Technology Co.,Ltd. Missed EPS By 12% And Analysts Are Revising Their Forecasts
Apr 26If EPS Growth Is Important To You, Xiamen R&T Plumbing TechnologyLtd (SZSE:002790) Presents An Opportunity
Apr 17Xiamen R&T Plumbing Technology Co.,Ltd.'s (SZSE:002790) Shares Bounce 28% But Its Business Still Trails The Market
Mar 29Xiamen R&T Plumbing Technology Co.,Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Feb 29Financial Position Analysis
Short Term Liabilities: 002790's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥424.3M).
Long Term Liabilities: 002790's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥68.5M).
Debt to Equity History and Analysis
Debt Level: 002790 has more cash than its total debt.
Reducing Debt: 002790's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 002790's debt is well covered by operating cash flow (721.1%).
Interest Coverage: 002790 earns more interest than it pays, so coverage of interest payments is not a concern.