Shenzhen Ridge Engineering Consulting Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Ridge Engineering Consulting has a total shareholder equity of CN¥1.4B and total debt of CN¥50.1M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥1.6B and CN¥156.0M respectively.
Key information
3.6%
Debt to equity ratio
CN¥50.13m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥613.21m |
| Equity | CN¥1.40b |
| Total liabilities | CN¥156.03m |
| Total assets | CN¥1.56b |
Recent financial health updates
No updates
Recent updates
Shenzhen Ridge Engineering Consulting Co., Ltd.'s (SZSE:300977) P/S Is Still On The Mark Following 49% Share Price Bounce
Oct 09
Shenzhen Ridge Engineering Consulting's (SZSE:300977) Soft Earnings Don't Show The Whole Picture
Sep 05Be Wary Of Shenzhen Ridge Engineering Consulting (SZSE:300977) And Its Returns On Capital
Aug 26Shenzhen Ridge Engineering Consulting Co., Ltd.'s (SZSE:300977) Share Price Is Still Matching Investor Opinion Despite 30% Slump
Jul 29Shenzhen Ridge Engineering Consulting (SZSE:300977) Has Announced That It Will Be Increasing Its Dividend To CN¥0.22
May 28Earnings Tell The Story For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) As Its Stock Soars 32%
May 21Things Look Grim For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) After Today's Downgrade
Apr 30Earnings Tell The Story For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) As Its Stock Soars 26%
Mar 12Financial Position Analysis
Short Term Liabilities: 300977's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥154.1M).
Long Term Liabilities: 300977's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥1.9M).
Debt to Equity History and Analysis
Debt Level: 300977 has more cash than its total debt.
Reducing Debt: 300977's debt to equity ratio has increased from 1.6% to 3.6% over the past 5 years.
Debt Coverage: 300977's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: Insufficient data to determine if 300977's interest payments on its debt are well covered by EBIT.