Guangdong Topstar Technology Balance Sheet Health
Financial Health criteria checks 3/6
Guangdong Topstar Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are CN¥6.8B and CN¥4.3B respectively. Guangdong Topstar Technology's EBIT is CN¥96.3M making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥1.5B.
Key information
66.9%
Debt to equity ratio
CN¥1.69b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥1.49b |
| Equity | CN¥2.52b |
| Total liabilities | CN¥4.32b |
| Total assets | CN¥6.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300607's short term assets (CN¥5.1B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 300607's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥950.8M).
Debt to Equity History and Analysis
Debt Level: 300607's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 300607's debt to equity ratio has increased from 26.2% to 66.9% over the past 5 years.
Debt Coverage: 300607's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: 300607's interest payments on its debt are not well covered by EBIT (2.4x coverage).