Voneseals Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 6/6
Voneseals Technology (Shanghai) has a total shareholder equity of CN¥1.1B and total debt of CN¥105.9M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are CN¥1.5B and CN¥401.1M respectively. Voneseals Technology (Shanghai)'s EBIT is CN¥57.4M making its interest coverage ratio -14.9. It has cash and short-term investments of CN¥340.8M.
Key information
9.8%
Debt to equity ratio
CN¥105.88m
Debt
| Interest coverage ratio | -14.9x |
| Cash | CN¥340.76m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥401.08m |
| Total assets | CN¥1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301161's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥224.7M).
Long Term Liabilities: 301161's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥176.4M).
Debt to Equity History and Analysis
Debt Level: 301161 has more cash than its total debt.
Reducing Debt: 301161's debt to equity ratio has reduced from 11.6% to 9.8% over the past 5 years.
Debt Coverage: 301161's debt is well covered by operating cash flow (48%).
Interest Coverage: 301161 earns more interest than it pays, so coverage of interest payments is not a concern.