Shanghai Broadband TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Broadband TechnologyLtd has a total shareholder equity of CN¥47.8M and total debt of CN¥10.5M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are CN¥134.4M and CN¥86.6M respectively. Shanghai Broadband TechnologyLtd's EBIT is CN¥1.0M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥19.0M.
Key information
21.9%
Debt to equity ratio
CN¥10.49m
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥19.03m |
| Equity | CN¥47.82m |
| Total liabilities | CN¥86.60m |
| Total assets | CN¥134.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600608's short term assets (CN¥133.4M) exceed its short term liabilities (CN¥83.8M).
Long Term Liabilities: 600608's short term assets (CN¥133.4M) exceed its long term liabilities (CN¥2.8M).
Debt to Equity History and Analysis
Debt Level: 600608 has more cash than its total debt.
Reducing Debt: 600608's debt to equity ratio has reduced from 153.7% to 21.9% over the past 5 years.
Debt Coverage: 600608's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600608's interest payments on its debt are not well covered by EBIT (0.4x coverage).