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) Using Too Much Debt?
Nov 27
Is Ecovacs Robotics (SHSE:603486) A Risky Investment?
Aug 20Here's Why Ecovacs Robotics (SHSE:603486) Can Manage Its Debt Responsibly
May 21Recent updates
At CN¥50.40, Is Ecovacs Robotics Co., Ltd. (SHSE:603486) Worth Looking At Closely?
Dec 25Is Ecovacs Robotics (SHSE:603486) Using Too Much Debt?
Nov 27The 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 22:41 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ecovacs Robotics Co., Ltd. is covered by 24 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Quan Sen Guan | Changjiang Securities Co. LTD. |
| Weizhi Yuan | Chasing Securities |
| Fu Yang | Chasing Securities |