Shanghai Ruking Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Ruking Technologies has a total shareholder equity of CN¥3.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.9B and CN¥736.4M respectively. Shanghai Ruking Technologies's EBIT is CN¥134.4M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥2.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥2.37b |
| Equity | CN¥3.16b |
| Total liabilities | CN¥736.39m |
| Total assets | CN¥3.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301525's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥705.9M).
Long Term Liabilities: 301525's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥30.5M).
Debt to Equity History and Analysis
Debt Level: 301525 is debt free.
Reducing Debt: 301525 had no debt 5 years ago.
Debt Coverage: 301525 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301525 has no debt, therefore coverage of interest payments is not a concern.