Ecovacs Robotics Balance Sheet Health
Financial Health criteria checks 5/6
Ecovacs Robotics has a total shareholder equity of CN¥7.0B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥13.3B and CN¥6.3B respectively. Ecovacs Robotics's EBIT is CN¥552.0M making its interest coverage ratio -8. It has cash and short-term investments of CN¥4.2B.
Key information
24.2%
Debt to equity ratio
CN¥1.69b
Debt
| Interest coverage ratio | -8x |
| Cash | CN¥4.20b |
| Equity | CN¥6.97b |
| Total liabilities | CN¥6.31b |
| Total assets | CN¥13.29b |
Recent financial health updates
Is Ecovacs Robotics (SHSE:603486) A Risky Investment?
Aug 20
Here's Why Ecovacs Robotics (SHSE:603486) Can Manage Its Debt Responsibly
May 21Recent updates
The Returns On Capital At Ecovacs Robotics (SHSE:603486) Don't Inspire Confidence
Oct 28Ecovacs Robotics Co., Ltd. (SHSE:603486) Looks Just Right With A 27% Price Jump
Oct 01Should You Think About Buying Ecovacs Robotics Co., Ltd. (SHSE:603486) Now?
Sep 23We Think That There Are More Issues For Ecovacs Robotics (SHSE:603486) Than Just Sluggish Earnings
Sep 06Results: Ecovacs Robotics Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Sep 03Is Ecovacs Robotics (SHSE:603486) A Risky Investment?
Aug 20Why Investors Shouldn't Be Surprised By Ecovacs Robotics Co., Ltd.'s (SHSE:603486) P/E
Jul 29Ecovacs Robotics Co., Ltd. (SHSE:603486) Shares Could Be 31% Below Their Intrinsic Value Estimate
Jul 01Investors Could Be Concerned With Ecovacs Robotics' (SHSE:603486) Returns On Capital
Jun 05Here's Why Ecovacs Robotics (SHSE:603486) Can Manage Its Debt Responsibly
May 21Ecovacs Robotics Co., Ltd. (SHSE:603486) Looks Just Right With A 28% Price Jump
Apr 30What Is Ecovacs Robotics Co., Ltd.'s (SHSE:603486) Share Price Doing?
Apr 18Calculating The Fair Value Of Ecovacs Robotics Co., Ltd. (SHSE:603486)
Mar 18Ecovacs Robotics Co., Ltd.'s (SHSE:603486) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Mar 04Ecovacs Robotics (SHSE:603486) Might Be Having Difficulty Using Its Capital Effectively
Mar 01Financial Position Analysis
Short Term Liabilities: 603486's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 603486's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 603486 has more cash than its total debt.
Reducing Debt: 603486's debt to equity ratio has increased from 10% to 24.2% over the past 5 years.
Debt Coverage: 603486's debt is well covered by operating cash flow (48.1%).
Interest Coverage: 603486 earns more interest than it pays, so coverage of interest payments is not a concern.