Chengdu M&S Electronics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Chengdu M&S Electronics TechnologyLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥403.9M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥2.6B and CN¥895.6M respectively.
Key information
23.3%
Debt to equity ratio
CN¥403.94m
Debt
Interest coverage ratio | n/a |
Cash | CN¥470.39m |
Equity | CN¥1.74b |
Total liabilities | CN¥895.63m |
Total assets | CN¥2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688311's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥489.2M).
Long Term Liabilities: 688311's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥406.4M).
Debt to Equity History and Analysis
Debt Level: 688311 has more cash than its total debt.
Reducing Debt: 688311's debt to equity ratio has increased from 8.8% to 23.3% over the past 5 years.
Debt Coverage: 688311's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688311's interest payments on its debt are well covered by EBIT.