Shenzhen EXC-LED TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen EXC-LED TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥485.7M, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are CN¥2.6B and CN¥991.2M respectively.
Key information
30.3%
Debt to equity ratio
CN¥485.73m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥424.30m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥991.18m |
| Total assets | CN¥2.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300889's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥907.9M).
Long Term Liabilities: 300889's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥83.3M).
Debt to Equity History and Analysis
Debt Level: 300889's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: 300889's debt to equity ratio has increased from 1.1% to 30.3% over the past 5 years.
Debt Coverage: 300889's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: Insufficient data to determine if 300889's interest payments on its debt are well covered by EBIT.