Risuntek Balance Sheet Health
Financial Health criteria checks 5/6
Risuntek has a total shareholder equity of CN¥951.3M and total debt of CN¥122.0M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are CN¥1.5B and CN¥552.8M respectively. Risuntek's EBIT is CN¥113.4M making its interest coverage ratio 116.3. It has cash and short-term investments of CN¥187.9M.
Key information
12.8%
Debt to equity ratio
CN¥122.01m
Debt
Interest coverage ratio | 116.3x |
Cash | CN¥187.92m |
Equity | CN¥951.31m |
Total liabilities | CN¥552.79m |
Total assets | CN¥1.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002981's short term assets (CN¥708.8M) exceed its short term liabilities (CN¥477.2M).
Long Term Liabilities: 002981's short term assets (CN¥708.8M) exceed its long term liabilities (CN¥75.6M).
Debt to Equity History and Analysis
Debt Level: 002981 has more cash than its total debt.
Reducing Debt: 002981's debt to equity ratio has increased from 0% to 12.8% over the past 5 years.
Debt Coverage: 002981's debt is well covered by operating cash flow (185.1%).
Interest Coverage: 002981's interest payments on its debt are well covered by EBIT (116.3x coverage).