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¥761.9M and total debt of CN¥155.3M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are CN¥1.1B and CN¥306.4M respectively. Pan Asian Microvent Tech (Jiangsu)'s EBIT is CN¥126.2M making its interest coverage ratio -243.5. It has cash and short-term investments of CN¥66.3M.
Key information
20.4%
Debt to equity ratio
CN¥155.34m
Debt
| Interest coverage ratio | -243.5x |
| Cash | CN¥66.27m |
| Equity | CN¥761.90m |
| Total liabilities | CN¥306.39m |
| Total assets | CN¥1.07b |
Recent financial health updates
No updates
Recent updates
Pan Asian Microvent Tech (Jiangsu) Corporation's (SHSE:688386) Share Price Boosted 38% But Its Business Prospects Need A Lift Too
Oct 08
Returns On Capital At Pan Asian Microvent Tech (Jiangsu) (SHSE:688386) Have Hit The Brakes
Jul 15Pan 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¥458.6M) exceed its short term liabilities (CN¥190.6M).
Long Term Liabilities: 688386's short term assets (CN¥458.6M) exceed its long term liabilities (CN¥115.8M).
Debt to Equity History and Analysis
Debt Level: 688386's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 688386's debt to equity ratio has reduced from 22.4% to 20.4% over the past 5 years.
Debt Coverage: 688386's debt is well covered by operating cash flow (73.8%).
Interest Coverage: 688386 earns more interest than it pays, so coverage of interest payments is not a concern.