Shanghai Action Education TechnologyLTD Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Action Education TechnologyLTD has a total shareholder equity of CN¥989.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.1B and CN¥1.1B respectively. Shanghai Action Education TechnologyLTD's EBIT is CN¥235.9M making its interest coverage ratio -7.6. It has cash and short-term investments of CN¥1.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.6x |
| Cash | CN¥1.81b |
| Equity | CN¥989.27m |
| Total liabilities | CN¥1.11b |
| Total assets | CN¥2.10b |
Financial Position Analysis
Short Term Liabilities: 605098's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 605098's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥33.3M).
Debt to Equity History and Analysis
Debt Level: 605098 is debt free.
Reducing Debt: 605098 has not had any debt for past 5 years.
Debt Coverage: 605098 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 605098 has no debt, therefore coverage of interest payments is not a concern.