Suzhou Invotech Scroll Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Invotech Scroll Technologies has a total shareholder equity of CN¥1.0B and total debt of CN¥133.1K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥1.2B and CN¥152.4M respectively. Suzhou Invotech Scroll Technologies's EBIT is CN¥87.1M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥740.2M.
Key information
0.01%
Debt to equity ratio
CN¥133.06k
Debt
Interest coverage ratio | -8.2x |
Cash | CN¥740.25m |
Equity | CN¥1.01b |
Total liabilities | CN¥152.40m |
Total assets | CN¥1.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301272's short term assets (CN¥915.6M) exceed its short term liabilities (CN¥128.8M).
Long Term Liabilities: 301272's short term assets (CN¥915.6M) exceed its long term liabilities (CN¥23.6M).
Debt to Equity History and Analysis
Debt Level: 301272 has more cash than its total debt.
Reducing Debt: 301272's debt to equity ratio has reduced from 0.08% to 0.01% over the past 5 years.
Debt Coverage: 301272's debt is well covered by operating cash flow (71785.9%).
Interest Coverage: 301272 earns more interest than it pays, so coverage of interest payments is not a concern.