Square Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Square Technology GroupLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥100.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.2B and CN¥711.9M respectively. Square Technology GroupLtd's EBIT is CN¥329.5M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥1.2B.
Key information
0.004%
Debt to equity ratio
CN¥100.00k
Debt
| Interest coverage ratio | -8.2x |
| Cash | CN¥1.15b |
| Equity | CN¥2.49b |
| Total liabilities | CN¥711.94m |
| Total assets | CN¥3.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603339's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥677.6M).
Long Term Liabilities: 603339's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥34.3M).
Debt to Equity History and Analysis
Debt Level: 603339 has more cash than its total debt.
Reducing Debt: 603339's debt to equity ratio has reduced from 11.8% to 0% over the past 5 years.
Debt Coverage: 603339's debt is well covered by operating cash flow (277739.3%).
Interest Coverage: 603339 earns more interest than it pays, so coverage of interest payments is not a concern.