Shandong Oriental Ocean Sci-Tech Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Oriental Ocean Sci-Tech has a total shareholder equity of CN¥1.6B and total debt of CN¥324.0M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are CN¥2.4B and CN¥778.1M respectively.
Key information
20.1%
Debt to equity ratio
CN¥324.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥982.23m |
Equity | CN¥1.61b |
Total liabilities | CN¥778.12m |
Total assets | CN¥2.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002086's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥468.5M).
Long Term Liabilities: 002086's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥309.6M).
Debt to Equity History and Analysis
Debt Level: 002086 has more cash than its total debt.
Reducing Debt: 002086's debt to equity ratio has reduced from 34.2% to 20.1% over the past 5 years.
Debt Coverage: 002086's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002086's interest payments on its debt are well covered by EBIT.