Cscec Scimee Sci.&Tech.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Cscec Scimee Sci.&Tech.Ltd has a total shareholder equity of CN¥2.5B and total debt of CN¥802.2M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are CN¥4.4B and CN¥2.0B respectively. Cscec Scimee Sci.&Tech.Ltd's EBIT is CN¥200.8M making its interest coverage ratio 7. It has cash and short-term investments of CN¥103.6M.
Key information
32.2%
Debt to equity ratio
CN¥802.20m
Debt
| Interest coverage ratio | 7x |
| Cash | CN¥103.61m |
| Equity | CN¥2.49b |
| Total liabilities | CN¥1.95b |
| Total assets | CN¥4.44b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300425's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300425's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥419.8M).
Debt to Equity History and Analysis
Debt Level: 300425's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 300425's debt to equity ratio has reduced from 34.7% to 32.2% over the past 5 years.
Debt Coverage: 300425's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 300425's interest payments on its debt are well covered by EBIT (7x coverage).