Shenzhen New Land Tool Planning & Architectural Design Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen New Land Tool Planning & Architectural Design has a total shareholder equity of CN¥1.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥229.7M respectively. Shenzhen New Land Tool Planning & Architectural Design's EBIT is CN¥65.0M making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥948.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.6x |
| Cash | CN¥948.09m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥229.71m |
| Total assets | CN¥1.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300778's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥229.1M).
Long Term Liabilities: 300778's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥606.6K).
Debt to Equity History and Analysis
Debt Level: 300778 is debt free.
Reducing Debt: 300778 had no debt 5 years ago.
Debt Coverage: 300778 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300778 has no debt, therefore coverage of interest payments is not a concern.