Shanghai Cooltech Power Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Cooltech Power has a total shareholder equity of CN¥866.0M and total debt of CN¥165.9M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are CN¥1.9B and CN¥1.0B respectively. Shanghai Cooltech Power's EBIT is CN¥26.0M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥525.1M.
Key information
19.2%
Debt to equity ratio
CN¥165.87m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥525.14m |
| Equity | CN¥865.98m |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300153's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥948.2M).
Long Term Liabilities: 300153's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥81.6M).
Debt to Equity History and Analysis
Debt Level: 300153 has more cash than its total debt.
Reducing Debt: 300153's debt to equity ratio has reduced from 19.8% to 19.2% over the past 5 years.
Debt Coverage: 300153's debt is well covered by operating cash flow (92.3%).
Interest Coverage: 300153 earns more interest than it pays, so coverage of interest payments is not a concern.