Pourin Special Welding Technology Balance Sheet Health
Financial Health criteria checks 6/6
Pourin Special Welding Technology has a total shareholder equity of CN¥2.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.5B and CN¥200.3M respectively. Pourin Special Welding Technology's EBIT is CN¥71.1M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥1.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.8x |
| Cash | CN¥1.56b |
| Equity | CN¥2.32b |
| Total liabilities | CN¥200.30m |
| Total assets | CN¥2.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301468's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥197.8M).
Long Term Liabilities: 301468's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥2.5M).
Debt to Equity History and Analysis
Debt Level: 301468 is debt free.
Reducing Debt: 301468 has no debt compared to 5 years ago when its debt to equity ratio was 24.1%.
Debt Coverage: 301468 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301468 has no debt, therefore coverage of interest payments is not a concern.