Mubang High-TechLtd Balance Sheet Health
Financial Health criteria checks 2/6
Mubang High-TechLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥416.6M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are CN¥5.8B and CN¥3.6B respectively.
Key information
19.7%
Debt to equity ratio
CN¥416.63m
Debt
Interest coverage ratio | n/a |
Cash | CN¥687.57m |
Equity | CN¥2.11b |
Total liabilities | CN¥3.65b |
Total assets | CN¥5.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603398's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥3.1B).
Long Term Liabilities: 603398's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥587.4M).
Debt to Equity History and Analysis
Debt Level: 603398 has more cash than its total debt.
Reducing Debt: 603398's debt to equity ratio has increased from 7.8% to 19.7% over the past 5 years.
Debt Coverage: 603398's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603398's interest payments on its debt are well covered by EBIT.