Chengdu RML Technology Balance Sheet Health
Financial Health criteria checks 6/6
Chengdu RML Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥4.2B and CN¥1.5B respectively. Chengdu RML Technology's EBIT is CN¥285.4M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥2.0B.
Key information
1.1%
Debt to equity ratio
CN¥30.00m
Debt
Interest coverage ratio | -5.5x |
Cash | CN¥2.04b |
Equity | CN¥2.66b |
Total liabilities | CN¥1.53b |
Total assets | CN¥4.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301050's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 301050's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥29.4M).
Debt to Equity History and Analysis
Debt Level: 301050 has more cash than its total debt.
Reducing Debt: 301050's debt to equity ratio has reduced from 8.2% to 1.1% over the past 5 years.
Debt Coverage: 301050's debt is well covered by operating cash flow (2981.9%).
Interest Coverage: 301050 earns more interest than it pays, so coverage of interest payments is not a concern.