Chengdu RML Technology Balance Sheet Health
Financial Health criteria checks 6/6
Chengdu RML Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥3.6B and CN¥756.6M respectively. Chengdu RML Technology's EBIT is CN¥402.5M making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥1.7B.
Key information
1.0%
Debt to equity ratio
CN¥30.00m
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥1.70b |
| Equity | CN¥2.88b |
| Total liabilities | CN¥756.56m |
| Total assets | CN¥3.63b |
Recent financial health updates
Recent updates
Analysts Just Made A Neat Upgrade To Their Chengdu RML Technology Co., Ltd. (SZSE:301050) Forecasts
Nov 06
Optimistic Investors Push Chengdu RML Technology Co., Ltd. (SZSE:301050) Shares Up 35% But Growth Is Lacking
Oct 07Is Chengdu RML Technology (SZSE:301050) Using Too Much Debt?
Aug 21Chengdu RML Technology Co., Ltd.'s (SZSE:301050) Intrinsic Value Is Potentially 93% Above Its Share Price
May 24Chengdu RML Technology's (SZSE:301050) Solid Earnings Are Supported By Other Strong Factors
Apr 29Returns At Chengdu RML Technology (SZSE:301050) Are On The Way Up
Apr 22Financial Position Analysis
Short Term Liabilities: 301050's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥724.5M).
Long Term Liabilities: 301050's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥32.1M).
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 7.9% to 1% over the past 5 years.
Debt Coverage: 301050's debt is well covered by operating cash flow (927%).
Interest Coverage: 301050 earns more interest than it pays, so coverage of interest payments is not a concern.