Up-shine Lighting Balance Sheet Health
Financial Health criteria checks 6/6
Up-shine Lighting has a total shareholder equity of CN¥2.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.0B and CN¥461.8M respectively. Up-shine Lighting's EBIT is CN¥175.7M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥1.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥1.41b |
| Equity | CN¥2.50b |
| Total liabilities | CN¥461.77m |
| Total assets | CN¥2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301362's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥398.2M).
Long Term Liabilities: 301362's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥63.6M).
Debt to Equity History and Analysis
Debt Level: 301362 is debt free.
Reducing Debt: 301362 has no debt compared to 5 years ago when its debt to equity ratio was 3.2%.
Debt Coverage: 301362 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301362 has no debt, therefore coverage of interest payments is not a concern.