Shenzhen VAPEL Power Supply Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen VAPEL Power Supply Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥64.7M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥1.8B and CN¥375.2M respectively. Shenzhen VAPEL Power Supply Technology's EBIT is CN¥51.3M making its interest coverage ratio 74.1. It has cash and short-term investments of CN¥296.0M.
Key information
4.4%
Debt to equity ratio
CN¥64.66m
Debt
| Interest coverage ratio | 74.1x |
| Cash | CN¥296.04m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥375.17m |
| Total assets | CN¥1.84b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301516's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥364.9M).
Long Term Liabilities: 301516's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥10.2M).
Debt to Equity History and Analysis
Debt Level: 301516 has more cash than its total debt.
Reducing Debt: 301516's debt to equity ratio has reduced from 23.8% to 4.4% over the past 5 years.
Debt Coverage: 301516's debt is well covered by operating cash flow (230%).
Interest Coverage: 301516's interest payments on its debt are well covered by EBIT (74.1x coverage).