EMTEK (Shenzhen) Balance Sheet Health
Financial Health criteria checks 5/6
EMTEK (Shenzhen) has a total shareholder equity of CN¥1.2B and total debt of CN¥505.9M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are CN¥2.0B and CN¥745.9M respectively. EMTEK (Shenzhen)'s EBIT is CN¥189.8M making its interest coverage ratio -24.4. It has cash and short-term investments of CN¥282.5M.
Key information
40.9%
Debt to equity ratio
CN¥505.93m
Debt
| Interest coverage ratio | -24.4x |
| Cash | CN¥282.45m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥745.94m |
| Total assets | CN¥1.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300938's short term assets (CN¥920.5M) exceed its short term liabilities (CN¥172.4M).
Long Term Liabilities: 300938's short term assets (CN¥920.5M) exceed its long term liabilities (CN¥573.5M).
Debt to Equity History and Analysis
Debt Level: 300938's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: 300938's debt to equity ratio has increased from 0.1% to 40.9% over the past 5 years.
Debt Coverage: 300938's debt is well covered by operating cash flow (41.8%).
Interest Coverage: 300938 earns more interest than it pays, so coverage of interest payments is not a concern.