Changchun UP OptotechLtd Balance Sheet Health
Financial Health criteria checks 4/6
Changchun UP OptotechLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥244.5M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are CN¥2.2B and CN¥569.1M respectively. Changchun UP OptotechLtd's EBIT is CN¥14.3M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥126.6M.
Key information
15.2%
Debt to equity ratio
CN¥244.50m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥126.61m |
| Equity | CN¥1.61b |
| Total liabilities | CN¥569.13m |
| Total assets | CN¥2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002338's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥258.1M).
Long Term Liabilities: 002338's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥311.1M).
Debt to Equity History and Analysis
Debt Level: 002338's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: 002338's debt to equity ratio has increased from 0.9% to 15.2% over the past 5 years.
Debt Coverage: 002338's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: 002338 earns more interest than it pays, so coverage of interest payments is not a concern.