EST Tools Balance Sheet Health
Financial Health criteria checks 5/6
EST Tools has a total shareholder equity of CN¥1.5B and total debt of CN¥571.6M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are CN¥2.3B and CN¥759.4M respectively. EST Tools's EBIT is CN¥151.9M making its interest coverage ratio 18.9. It has cash and short-term investments of CN¥447.0M.
Key information
38.2%
Debt to equity ratio
CN¥571.62m
Debt
| Interest coverage ratio | 18.9x |
| Cash | CN¥447.02m |
| Equity | CN¥1.50b |
| Total liabilities | CN¥759.38m |
| Total assets | CN¥2.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300488's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥172.5M).
Long Term Liabilities: 300488's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥586.9M).
Debt to Equity History and Analysis
Debt Level: 300488's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 300488's debt to equity ratio has increased from 5.8% to 38.2% over the past 5 years.
Debt Coverage: 300488's debt is well covered by operating cash flow (32.7%).
Interest Coverage: 300488's interest payments on its debt are well covered by EBIT (18.9x coverage).