Shijiazhuang Shangtai Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shijiazhuang Shangtai Technology has a total shareholder equity of CN¥5.8B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥7.6B and CN¥1.8B respectively. Shijiazhuang Shangtai Technology's EBIT is CN¥724.2M making its interest coverage ratio 28.8. It has cash and short-term investments of CN¥97.6M.
Key information
23.1%
Debt to equity ratio
CN¥1.34b
Debt
Interest coverage ratio | 28.8x |
Cash | CN¥97.63m |
Equity | CN¥5.82b |
Total liabilities | CN¥1.83b |
Total assets | CN¥7.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001301's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 001301's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥561.9M).
Debt to Equity History and Analysis
Debt Level: 001301's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: 001301's debt to equity ratio has increased from 0% to 23.1% over the past 5 years.
Debt Coverage: 001301's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001301's interest payments on its debt are well covered by EBIT (28.8x coverage).