Kunshan TopA Intelligent EquipmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kunshan TopA Intelligent EquipmentLtd has a total shareholder equity of CN¥529.1M and total debt of CN¥123.6M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are CN¥934.1M and CN¥405.0M respectively. Kunshan TopA Intelligent EquipmentLtd's EBIT is CN¥15.9M making its interest coverage ratio -108.3. It has cash and short-term investments of CN¥218.0M.
Key information
23.4%
Debt to equity ratio
CN¥123.65m
Debt
Interest coverage ratio | -108.3x |
Cash | CN¥217.98m |
Equity | CN¥529.11m |
Total liabilities | CN¥404.95m |
Total assets | CN¥934.06m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300836's short term assets (CN¥714.7M) exceed its short term liabilities (CN¥364.2M).
Long Term Liabilities: 300836's short term assets (CN¥714.7M) exceed its long term liabilities (CN¥40.7M).
Debt to Equity History and Analysis
Debt Level: 300836 has more cash than its total debt.
Reducing Debt: 300836's debt to equity ratio has increased from 0% to 23.4% over the past 5 years.
Debt Coverage: 300836's debt is well covered by operating cash flow (115.9%).
Interest Coverage: 300836 earns more interest than it pays, so coverage of interest payments is not a concern.