Mingyue Optical LensLtd Balance Sheet Health
Financial Health criteria checks 6/6
Mingyue Optical LensLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥165.4M respectively. Mingyue Optical LensLtd's EBIT is CN¥172.2M making its interest coverage ratio -15.2. It has cash and short-term investments of CN¥1.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15.2x |
| Cash | CN¥1.23b |
| Equity | CN¥1.68b |
| Total liabilities | CN¥165.40m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
Concerns Surrounding Mingyue Optical LensLtd's (SZSE:301101) Performance
Nov 01
Mingyue Optical LensLtd (SZSE:301101) May Have Issues Allocating Its Capital
Sep 30Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Shares Climb 36% But Its Business Is Yet to Catch Up
Aug 26Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Earnings Are Not Doing Enough For Some Investors
Jun 21Mingyue Optical LensLtd's (SZSE:301101) Dividend Will Be CN¥0.30
May 24We Think You Should Be Aware Of Some Concerning Factors In Mingyue Optical LensLtd's (SZSE:301101) Earnings
May 01Mingyue Optical LensLtd (SZSE:301101) Will Want To Turn Around Its Return Trends
Apr 12Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Popularity With Investors Is Under Threat From Overpricing
Mar 05Financial Position Analysis
Short Term Liabilities: 301101's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥153.1M).
Long Term Liabilities: 301101's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥12.3M).
Debt to Equity History and Analysis
Debt Level: 301101 is debt free.
Reducing Debt: 301101 has no debt compared to 5 years ago when its debt to equity ratio was 4.4%.
Debt Coverage: 301101 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301101 has no debt, therefore coverage of interest payments is not a concern.