Shenzhen Mingdiao DecorationLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Mingdiao DecorationLtd has a total shareholder equity of CN¥674.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥778.9M respectively. Shenzhen Mingdiao DecorationLtd's EBIT is CN¥27.1M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥845.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥845.85m |
| Equity | CN¥674.12m |
| Total liabilities | CN¥778.85m |
| Total assets | CN¥1.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002830's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥749.2M).
Long Term Liabilities: 002830's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥29.7M).
Debt to Equity History and Analysis
Debt Level: 002830 is debt free.
Reducing Debt: 002830 had no debt 5 years ago.
Debt Coverage: 002830 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002830 has no debt, therefore coverage of interest payments is not a concern.