Shenzhen Colibri Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Colibri Technologies has a total shareholder equity of CN¥3.2B and total debt of CN¥497.2M, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are CN¥5.5B and CN¥2.3B respectively. Shenzhen Colibri Technologies's EBIT is CN¥282.6M making its interest coverage ratio -33.6. It has cash and short-term investments of CN¥542.3M.
Key information
15.6%
Debt to equity ratio
CN¥497.21m
Debt
| Interest coverage ratio | -33.6x |
| Cash | CN¥542.32m |
| Equity | CN¥3.19b |
| Total liabilities | CN¥2.30b |
| Total assets | CN¥5.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002957's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002957's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥122.1M).
Debt to Equity History and Analysis
Debt Level: 002957 has more cash than its total debt.
Reducing Debt: 002957's debt to equity ratio has increased from 0.8% to 15.6% over the past 5 years.
Debt Coverage: 002957's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 002957 earns more interest than it pays, so coverage of interest payments is not a concern.