Shenzhen Intelligent Precision Instrument Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Intelligent Precision Instrument has a total shareholder equity of CN¥1.0B and total debt of CN¥21.3M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥1.3B and CN¥240.5M respectively. Shenzhen Intelligent Precision Instrument's EBIT is CN¥74.0M making its interest coverage ratio -14.4. It has cash and short-term investments of CN¥645.6M.
Key information
2.0%
Debt to equity ratio
CN¥21.25m
Debt
Interest coverage ratio | -14.4x |
Cash | CN¥645.61m |
Equity | CN¥1.05b |
Total liabilities | CN¥240.53m |
Total assets | CN¥1.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301512's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥230.4M).
Long Term Liabilities: 301512's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥10.1M).
Debt to Equity History and Analysis
Debt Level: 301512 has more cash than its total debt.
Reducing Debt: 301512's debt to equity ratio has increased from 0% to 2% over the past 5 years.
Debt Coverage: 301512's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301512 earns more interest than it pays, so coverage of interest payments is not a concern.