Shenzhen V&T Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen V&T Technologies has a total shareholder equity of CN¥662.2M and total debt of CN¥1.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥867.6M and CN¥205.3M respectively. Shenzhen V&T Technologies's EBIT is CN¥16.0M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥219.8M.
Key information
0.3%
Debt to equity ratio
CN¥1.74m
Debt
Interest coverage ratio | -3.8x |
Cash | CN¥219.82m |
Equity | CN¥662.24m |
Total liabilities | CN¥205.35m |
Total assets | CN¥867.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300484's short term assets (CN¥652.7M) exceed its short term liabilities (CN¥172.0M).
Long Term Liabilities: 300484's short term assets (CN¥652.7M) exceed its long term liabilities (CN¥33.4M).
Debt to Equity History and Analysis
Debt Level: 300484 has more cash than its total debt.
Reducing Debt: 300484's debt to equity ratio has reduced from 2.9% to 0.3% over the past 5 years.
Debt Coverage: 300484's debt is well covered by operating cash flow (2075.9%).
Interest Coverage: 300484 earns more interest than it pays, so coverage of interest payments is not a concern.