ORG TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
ORG TechnologyLtd has a total shareholder equity of CN¥9.1B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are CN¥16.5B and CN¥7.3B respectively. ORG TechnologyLtd's EBIT is CN¥1.4B making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥1.4B.
Key information
39.7%
Debt to equity ratio
CN¥3.63b
Debt
Interest coverage ratio | -6.6x |
Cash | CN¥1.43b |
Equity | CN¥9.14b |
Total liabilities | CN¥7.32b |
Total assets | CN¥16.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002701's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 002701's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002701's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: 002701's debt to equity ratio has reduced from 50.7% to 39.7% over the past 5 years.
Debt Coverage: 002701's debt is well covered by operating cash flow (67%).
Interest Coverage: 002701 earns more interest than it pays, so coverage of interest payments is not a concern.