AVE Science&TechnologyLTD Balance Sheet Health
Financial Health criteria checks 6/6
AVE Science&TechnologyLTD has a total shareholder equity of CN¥499.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥553.6M and CN¥54.0M respectively. AVE Science&TechnologyLTD's EBIT is CN¥12.2M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥37.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥36.96m |
| Equity | CN¥499.54m |
| Total liabilities | CN¥54.04m |
| Total assets | CN¥553.58m |
Recent financial health updates
No updates
Recent updates
AVE Science&Technology CO.,LTD (SHSE:688067) Investors Are Less Pessimistic Than Expected
Oct 01
AVE Science&TechnologyLTD's (SHSE:688067) Earnings Are Weaker Than They Seem
Sep 04AVE Science&Technology CO.,LTD's (SHSE:688067) Popularity With Investors Under Threat As Stock Sinks 27%
Apr 23Investors Could Be Concerned With AVE Science&TechnologyLTD's (SHSE:688067) Returns On Capital
Apr 15AVE Science&Technology CO.,LTD (SHSE:688067) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Mar 08Financial Position Analysis
Short Term Liabilities: 688067's short term assets (CN¥285.0M) exceed its short term liabilities (CN¥43.5M).
Long Term Liabilities: 688067's short term assets (CN¥285.0M) exceed its long term liabilities (CN¥10.6M).
Debt to Equity History and Analysis
Debt Level: 688067 is debt free.
Reducing Debt: 688067 has not had any debt for past 5 years.
Debt Coverage: 688067 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688067 has no debt, therefore coverage of interest payments is not a concern.