Edifier Technology Balance Sheet Health
Financial Health criteria checks 6/6
Edifier Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥10.3M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥3.4B and CN¥699.7M respectively. Edifier Technology's EBIT is CN¥502.8M making its interest coverage ratio -6.7. It has cash and short-term investments of CN¥1.7B.
Key information
0.4%
Debt to equity ratio
CN¥10.26m
Debt
| Interest coverage ratio | -6.7x |
| Cash | CN¥1.67b |
| Equity | CN¥2.71b |
| Total liabilities | CN¥699.67m |
| Total assets | CN¥3.41b |
Recent financial health updates
No updates
Recent updates
Edifier Technology (SZSE:002351) Might Have The Makings Of A Multi-Bagger
Nov 11
The Market Lifts Edifier Technology Co., Ltd. (SZSE:002351) Shares 44% But It Can Do More
Oct 18Is It Too Late To Consider Buying Edifier Technology Co., Ltd. (SZSE:002351)?
Sep 25An 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¥2.9B) exceed its short term liabilities (CN¥662.7M).
Long Term Liabilities: 002351's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥37.0M).
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 0.7% to 0.4% over the past 5 years.
Debt Coverage: 002351's debt is well covered by operating cash flow (4650.3%).
Interest Coverage: 002351 earns more interest than it pays, so coverage of interest payments is not a concern.