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¥551.4M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are CN¥2.2B and CN¥705.9M respectively. EST Tools's EBIT is CN¥148.4M making its interest coverage ratio 262.4. It has cash and short-term investments of CN¥313.2M.
Key information
37.1%
Debt to equity ratio
CN¥551.43m
Debt
Interest coverage ratio | 262.4x |
Cash | CN¥313.16m |
Equity | CN¥1.48b |
Total liabilities | CN¥705.91m |
Total assets | CN¥2.19b |
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¥127.7M).
Long Term Liabilities: 300488's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥578.3M).
Debt to Equity History and Analysis
Debt Level: 300488's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: 300488's debt to equity ratio has increased from 6.6% to 37.1% over the past 5 years.
Debt Coverage: 300488's debt is well covered by operating cash flow (34.5%).
Interest Coverage: 300488's interest payments on its debt are well covered by EBIT (262.4x coverage).