Arctech Solar Holding Balance Sheet Health
Financial Health criteria checks 4/6
Arctech Solar Holding has a total shareholder equity of CN¥2.9B and total debt of CN¥940.0M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are CN¥7.7B and CN¥4.8B respectively. Arctech Solar Holding's EBIT is CN¥552.3M making its interest coverage ratio 48.3. It has cash and short-term investments of CN¥1.9B.
Key information
32.0%
Debt to equity ratio
CN¥939.97m
Debt
Interest coverage ratio | 48.3x |
Cash | CN¥1.86b |
Equity | CN¥2.94b |
Total liabilities | CN¥4.75b |
Total assets | CN¥7.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688408's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 688408's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥326.6M).
Debt to Equity History and Analysis
Debt Level: 688408 has more cash than its total debt.
Reducing Debt: 688408's debt to equity ratio has increased from 10.8% to 32% over the past 5 years.
Debt Coverage: 688408's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688408's interest payments on its debt are well covered by EBIT (48.3x coverage).