Guangdong Skychem Technology Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Skychem Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥66.1M respectively. Guangdong Skychem Technology's EBIT is CN¥64.0M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥791.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥791.38m |
| Equity | CN¥1.09b |
| Total liabilities | CN¥66.14m |
| Total assets | CN¥1.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688603's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥38.1M).
Long Term Liabilities: 688603's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥28.1M).
Debt to Equity History and Analysis
Debt Level: 688603 is debt free.
Reducing Debt: 688603 had no debt 5 years ago.
Debt Coverage: 688603 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688603 has no debt, therefore coverage of interest payments is not a concern.