Shenzhen Silver Basis Technology Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Silver Basis Technology has a total shareholder equity of CN¥410.0M and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 409.5%. Its total assets and total liabilities are CN¥3.8B and CN¥3.4B respectively.
Key information
409.5%
Debt to equity ratio
CN¥1.68b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥120.92m |
| Equity | CN¥410.02m |
| Total liabilities | CN¥3.37b |
| Total assets | CN¥3.78b |
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¥503.5M).
Debt to Equity History and Analysis
Debt Level: 002786's net debt to equity ratio (380.1%) is considered high.
Reducing Debt: 002786's debt to equity ratio has increased from 134.4% to 409.5% over the past 5 years.
Debt Coverage: 002786's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002786's interest payments on its debt are well covered by EBIT.