Up-shine Lighting Balance Sheet Health
Financial Health criteria checks 6/6
Up-shine Lighting has a total shareholder equity of CN¥2.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.1B and CN¥469.7M respectively. Up-shine Lighting's EBIT is CN¥190.8M making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥1.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -9.8x |
Cash | CN¥1.75b |
Equity | CN¥2.59b |
Total liabilities | CN¥469.71m |
Total assets | CN¥3.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301362's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥407.4M).
Long Term Liabilities: 301362's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥62.3M).
Debt to Equity History and Analysis
Debt Level: 301362 is debt free.
Reducing Debt: 301362 has no debt compared to 5 years ago when its debt to equity ratio was 9%.
Debt Coverage: 301362 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301362 has no debt, therefore coverage of interest payments is not a concern.