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¥3.7B and CN¥973.9M respectively. Chengdu RML Technology's EBIT is CN¥282.8M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥1.8B.
Key information
1.1%
Debt to equity ratio
CN¥30.00m
Debt
| Interest coverage ratio | -4.6x |
| Cash | CN¥1.81b |
| Equity | CN¥2.73b |
| Total liabilities | CN¥973.93m |
| Total assets | CN¥3.71b |
Recent financial health updates
Recent updates
Is Chengdu RML Technology (SZSE:301050) Using Too Much Debt?
Aug 21
Chengdu 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¥943.6M).
Long Term Liabilities: 301050's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥30.4M).
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% to 1.1% over the past 5 years.
Debt Coverage: 301050's debt is well covered by operating cash flow (584.7%).
Interest Coverage: 301050 earns more interest than it pays, so coverage of interest payments is not a concern.