Assure Tech (Hangzhou) Balance Sheet Health
Financial Health criteria checks 5/6
Assure Tech (Hangzhou) has a total shareholder equity of CN¥5.2B and total debt of CN¥1,000.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥5.8B and CN¥625.2M respectively.
Key information
0.02%
Debt to equity ratio
CN¥1.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.21b |
| Equity | CN¥5.17b |
| Total liabilities | CN¥625.18m |
| Total assets | CN¥5.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688075's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥515.8M).
Long Term Liabilities: 688075's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥109.3M).
Debt to Equity History and Analysis
Debt Level: 688075 has more cash than its total debt.
Reducing Debt: 688075's debt to equity ratio has reduced from 1.6% to 0.02% over the past 5 years.
Debt Coverage: 688075's debt is well covered by operating cash flow (6448.7%).
Interest Coverage: Insufficient data to determine if 688075's interest payments on its debt are well covered by EBIT.