Shanghai Ruking Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Ruking Technologies has a total shareholder equity of CN¥3.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.9B and CN¥797.7M respectively. Shanghai Ruking Technologies's EBIT is CN¥202.7M making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥2.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -6.2x |
Cash | CN¥2.49b |
Equity | CN¥3.10b |
Total liabilities | CN¥797.72m |
Total assets | CN¥3.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301525's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥764.6M).
Long Term Liabilities: 301525's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥33.1M).
Debt to Equity History and Analysis
Debt Level: 301525 is debt free.
Reducing Debt: 301525 had no debt 5 years ago.
Debt Coverage: 301525 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301525 has no debt, therefore coverage of interest payments is not a concern.