Shenzhen Silver Basis Technology Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Silver Basis Technology has a total shareholder equity of CN¥358.8M and total debt of CN¥768.1M, which brings its debt-to-equity ratio to 214.1%. Its total assets and total liabilities are CN¥3.7B and CN¥3.3B respectively.
Key information
214.1%
Debt to equity ratio
CN¥768.06m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥97.75m |
| Equity | CN¥358.79m |
| Total liabilities | CN¥3.33b |
| Total assets | CN¥3.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002786's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥2.9B).
Long Term Liabilities: 002786's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥451.3M).
Debt to Equity History and Analysis
Debt Level: 002786's net debt to equity ratio (186.8%) is considered high.
Reducing Debt: 002786's debt to equity ratio has increased from 139.2% to 214.1% over the past 5 years.
Debt Coverage: 002786's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: Insufficient data to determine if 002786's interest payments on its debt are well covered by EBIT.