Edifier Technology Balance Sheet Health
Financial Health criteria checks 6/6
Edifier Technology has a total shareholder equity of CN¥2.6B and total debt of CN¥5.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥3.2B and CN¥567.6M respectively. Edifier Technology's EBIT is CN¥483.2M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥1.8B.
Key information
0.2%
Debt to equity ratio
CN¥5.53m
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥1.83b |
| Equity | CN¥2.63b |
| Total liabilities | CN¥567.62m |
| Total assets | CN¥3.20b |
Recent financial health updates
No updates
Recent updates
Is It Too Late To Consider Buying Edifier Technology Co., Ltd. (SZSE:002351)?
Sep 25
An Intrinsic Calculation For Edifier Technology Co., Ltd. (SZSE:002351) Suggests It's 33% Undervalued
Jul 31At CN¥13.28, Is It Time To Put Edifier Technology Co., Ltd. (SZSE:002351) On Your Watch List?
May 21Shareholders Will Be Pleased With The Quality of Edifier Technology's (SZSE:002351) Earnings
May 02Calculating The Fair Value Of Edifier Technology Co., Ltd. (SZSE:002351)
Apr 24We Like These Underlying Return On Capital Trends At Edifier Technology (SZSE:002351)
Apr 08Does Edifier Technology (SZSE:002351) Deserve A Spot On Your Watchlist?
Mar 18Financial Position Analysis
Short Term Liabilities: 002351's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥528.2M).
Long Term Liabilities: 002351's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥39.5M).
Debt to Equity History and Analysis
Debt Level: 002351 has more cash than its total debt.
Reducing Debt: 002351's debt to equity ratio has reduced from 0.5% to 0.2% over the past 5 years.
Debt Coverage: 002351's debt is well covered by operating cash flow (10386.7%).
Interest Coverage: 002351 earns more interest than it pays, so coverage of interest payments is not a concern.