Shanghai Rychen Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Rychen Technologies has a total shareholder equity of CN¥963.1M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥1.2B and CN¥253.3M respectively.
Key information
2.1%
Debt to equity ratio
CN¥20.01m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥252.19m |
| Equity | CN¥963.13m |
| Total liabilities | CN¥253.32m |
| Total assets | CN¥1.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301273's short term assets (CN¥797.9M) exceed its short term liabilities (CN¥199.7M).
Long Term Liabilities: 301273's short term assets (CN¥797.9M) exceed its long term liabilities (CN¥53.6M).
Debt to Equity History and Analysis
Debt Level: 301273 has more cash than its total debt.
Reducing Debt: 301273's debt to equity ratio has reduced from 28.2% to 2.1% over the past 5 years.
Debt Coverage: 301273's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301273's interest payments on its debt are well covered by EBIT.