Ecovacs Robotics Balance Sheet Health
Financial Health criteria checks 5/6
Ecovacs Robotics has a total shareholder equity of CN¥6.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are CN¥13.6B and CN¥6.8B respectively. Ecovacs Robotics's EBIT is CN¥482.9M making its interest coverage ratio -13.6. It has cash and short-term investments of CN¥5.3B.
Key information
30.3%
Debt to equity ratio
CN¥2.07b
Debt
| Interest coverage ratio | -13.6x |
| Cash | CN¥5.27b |
| Equity | CN¥6.84b |
| Total liabilities | CN¥6.80b |
| Total assets | CN¥13.64b |
Recent financial health updates
No updates
Recent updates
Ecovacs Robotics Co., Ltd. (SHSE:603486) Looks Just Right With A 28% Price Jump
Apr 30
What 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¥10.6B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 603486's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥1.3B).
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 2.3% to 30.3% over the past 5 years.
Debt Coverage: 603486's debt is well covered by operating cash flow (55.7%).
Interest Coverage: 603486 earns more interest than it pays, so coverage of interest payments is not a concern.