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¥34.5M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥2.7B and CN¥616.2M respectively. Xiamen R&T Plumbing TechnologyLtd's EBIT is CN¥224.7M making its interest coverage ratio -11.4. It has cash and short-term investments of CN¥1.2B.
Key information
1.6%
Debt to equity ratio
CN¥34.46m
Debt
Interest coverage ratio | -11.4x |
Cash | CN¥1.20b |
Equity | CN¥2.13b |
Total liabilities | CN¥616.25m |
Total assets | CN¥2.74b |
Recent financial health updates
No updates
Recent updates
Earnings 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¥2.1B) exceed its short term liabilities (CN¥516.5M).
Long Term Liabilities: 002790's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥99.8M).
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 1.6% over the past 5 years.
Debt Coverage: 002790's debt is well covered by operating cash flow (1286.4%).
Interest Coverage: 002790 earns more interest than it pays, so coverage of interest payments is not a concern.