Shenzhen Manst Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Manst Technology has a total shareholder equity of CN¥3.0B and total debt of CN¥324.4M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥3.8B and CN¥835.8M respectively. Shenzhen Manst Technology's EBIT is CN¥350.8M making its interest coverage ratio -21.7. It has cash and short-term investments of CN¥1.9B.
Key information
10.8%
Debt to equity ratio
CN¥324.38m
Debt
Interest coverage ratio | -21.7x |
Cash | CN¥1.90b |
Equity | CN¥3.01b |
Total liabilities | CN¥835.81m |
Total assets | CN¥3.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301325's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥761.3M).
Long Term Liabilities: 301325's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥74.5M).
Debt to Equity History and Analysis
Debt Level: 301325 has more cash than its total debt.
Reducing Debt: 301325's debt to equity ratio has increased from 2.2% to 10.8% over the past 5 years.
Debt Coverage: 301325's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301325 earns more interest than it pays, so coverage of interest payments is not a concern.