Ecovacs Robotics Balance Sheet Health
Financial Health criteria checks 5/6
Ecovacs Robotics has a total shareholder equity of CN¥7.0B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are CN¥13.3B and CN¥6.3B respectively. Ecovacs Robotics's EBIT is CN¥552.0M making its interest coverage ratio -8. It has cash and short-term investments of CN¥4.2B.
Key information
24.2%
Debt to equity ratio
CN¥1.69b
Debt
| Interest coverage ratio | -8x |
| Cash | CN¥4.20b |
| Equity | CN¥6.97b |
| Total liabilities | CN¥6.31b |
| Total assets | CN¥13.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603486's short term assets (CN¥9.8B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 603486's short term assets (CN¥9.8B) exceed its long term liabilities (CN¥1.1B).
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 10% to 24.2% over the past 5 years.
Debt Coverage: 603486's debt is well covered by operating cash flow (48.1%).
Interest Coverage: 603486 earns more interest than it pays, so coverage of interest payments is not a concern.