Matrix Design Balance Sheet Health
Financial Health criteria checks 6/6
Matrix Design has a total shareholder equity of CN¥1.8B and total debt of CN¥10.1M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥2.0B and CN¥261.8M respectively. Matrix Design's EBIT is CN¥63.7M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥1.5B.
Key information
0.6%
Debt to equity ratio
CN¥10.10m
Debt
Interest coverage ratio | -8.5x |
Cash | CN¥1.45b |
Equity | CN¥1.76b |
Total liabilities | CN¥261.82m |
Total assets | CN¥2.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301365's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥225.1M).
Long Term Liabilities: 301365's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥36.7M).
Debt to Equity History and Analysis
Debt Level: 301365 has more cash than its total debt.
Reducing Debt: 301365's debt to equity ratio has reduced from 12.3% to 0.6% over the past 5 years.
Debt Coverage: 301365's debt is well covered by operating cash flow (1370.2%).
Interest Coverage: 301365 earns more interest than it pays, so coverage of interest payments is not a concern.