Silkroad Visual Technology Balance Sheet Health
Financial Health criteria checks 3/6
Silkroad Visual Technology has a total shareholder equity of CN¥881.7M and total debt of CN¥377.1M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are CN¥2.0B and CN¥1.1B respectively. Silkroad Visual Technology's EBIT is CN¥5.2M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥516.3M.
Key information
42.8%
Debt to equity ratio
CN¥377.07m
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥516.34m |
| Equity | CN¥881.68m |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥1.96b |
Financial Position Analysis
Short Term Liabilities: 300556's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥815.8M).
Long Term Liabilities: 300556's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥259.6M).
Debt to Equity History and Analysis
Debt Level: 300556 has more cash than its total debt.
Reducing Debt: 300556's debt to equity ratio has increased from 10.5% to 42.8% over the past 5 years.
Debt Coverage: 300556's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 300556's interest payments on its debt are not well covered by EBIT (0.4x coverage).