AVE Science&TechnologyLTD Balance Sheet Health
Financial Health criteria checks 6/6
AVE Science&TechnologyLTD has a total shareholder equity of CN¥494.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥549.0M and CN¥54.1M respectively. AVE Science&TechnologyLTD's EBIT is CN¥14.5M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥27.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥27.25m |
Equity | CN¥494.90m |
Total liabilities | CN¥54.09m |
Total assets | CN¥548.99m |
Recent financial health updates
No updates
Recent updates
AVE 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¥287.1M) exceed its short term liabilities (CN¥43.3M).
Long Term Liabilities: 688067's short term assets (CN¥287.1M) exceed its long term liabilities (CN¥10.8M).
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.