Inno Laser Technology Balance Sheet Health
Financial Health criteria checks 4/6
Inno Laser Technology has a total shareholder equity of CN¥974.6M and total debt of CN¥11.5M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥1.2B and CN¥228.0M respectively.
Key information
1.2%
Debt to equity ratio
CN¥11.46m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥357.56m |
| Equity | CN¥974.56m |
| Total liabilities | CN¥227.95m |
| Total assets | CN¥1.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301021's short term assets (CN¥832.8M) exceed its short term liabilities (CN¥204.8M).
Long Term Liabilities: 301021's short term assets (CN¥832.8M) exceed its long term liabilities (CN¥23.2M).
Debt to Equity History and Analysis
Debt Level: 301021 has more cash than its total debt.
Reducing Debt: 301021's debt to equity ratio has reduced from 15.7% to 1.2% over the past 5 years.
Debt Coverage: 301021's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301021's interest payments on its debt are well covered by EBIT.