Pan Asian Microvent Tech (Jiangsu) Balance Sheet Health
Financial Health criteria checks 6/6
Pan Asian Microvent Tech (Jiangsu) has a total shareholder equity of CN¥736.3M and total debt of CN¥135.1M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are CN¥977.4M and CN¥241.0M respectively. Pan Asian Microvent Tech (Jiangsu)'s EBIT is CN¥113.9M making its interest coverage ratio 41.5. It has cash and short-term investments of CN¥64.6M.
Key information
18.3%
Debt to equity ratio
CN¥135.11m
Debt
| Interest coverage ratio | 41.5x |
| Cash | CN¥64.61m |
| Equity | CN¥736.32m |
| Total liabilities | CN¥241.04m |
| Total assets | CN¥977.36m |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Pan Asian Microvent Tech (Jiangsu) (SHSE:688386) Have Hit The Brakes
Jul 15
Pan Asian Microvent Tech (Jiangsu)'s (SHSE:688386) Earnings Are Weaker Than They Seem
Apr 23Pan Asian Microvent Tech (Jiangsu) Corporation's (SHSE:688386) Shares Bounce 27% But Its Business Still Trails The Market
Mar 06Financial Position Analysis
Short Term Liabilities: 688386's short term assets (CN¥394.1M) exceed its short term liabilities (CN¥141.2M).
Long Term Liabilities: 688386's short term assets (CN¥394.1M) exceed its long term liabilities (CN¥99.8M).
Debt to Equity History and Analysis
Debt Level: 688386's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 688386's debt to equity ratio has reduced from 21.4% to 18.3% over the past 5 years.
Debt Coverage: 688386's debt is well covered by operating cash flow (92.3%).
Interest Coverage: 688386's interest payments on its debt are well covered by EBIT (41.5x coverage).