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¥35.9M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CN¥2.0B and CN¥393.8M respectively.
Key information
2.3%
Debt to equity ratio
CN¥35.91m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥462.37m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥393.78m |
| Total assets | CN¥1.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002086's short term assets (CN¥789.2M) exceed its short term liabilities (CN¥181.0M).
Long Term Liabilities: 002086's short term assets (CN¥789.2M) exceed its long term liabilities (CN¥212.8M).
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 35.5% to 2.3% 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.