Shenzhen Capchem Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Capchem Technology has a total shareholder equity of CN¥9.6B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are CN¥17.6B and CN¥8.0B respectively. Shenzhen Capchem Technology's EBIT is CN¥1.1B making its interest coverage ratio 112.8. It has cash and short-term investments of CN¥4.8B.
Key information
31.6%
Debt to equity ratio
CN¥3.04b
Debt
Interest coverage ratio | 112.8x |
Cash | CN¥4.84b |
Equity | CN¥9.63b |
Total liabilities | CN¥7.99b |
Total assets | CN¥17.62b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300037's short term assets (CN¥9.5B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 300037's short term assets (CN¥9.5B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 300037 has more cash than its total debt.
Reducing Debt: 300037's debt to equity ratio has increased from 18.5% to 31.6% over the past 5 years.
Debt Coverage: 300037's debt is well covered by operating cash flow (113.3%).
Interest Coverage: 300037's interest payments on its debt are well covered by EBIT (112.8x coverage).