Canmax Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Canmax Technologies has a total shareholder equity of CN¥14.6B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are CN¥18.9B and CN¥4.3B respectively. Canmax Technologies's EBIT is CN¥1.9B making its interest coverage ratio -11.8. It has cash and short-term investments of CN¥7.3B.
Key information
18.2%
Debt to equity ratio
CN¥2.65b
Debt
Interest coverage ratio | -11.8x |
Cash | CN¥7.34b |
Equity | CN¥14.55b |
Total liabilities | CN¥4.32b |
Total assets | CN¥18.87b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For Canmax Technologies (SZSE:300390) Than Just Sluggish Earnings
Apr 30Canmax Technologies Co., Ltd. Recorded A 39% Miss On Revenue: Analysts Are Revisiting Their Models
Apr 26Earnings Working Against Canmax Technologies Co., Ltd.'s (SZSE:300390) Share Price
Apr 14A Look At The Fair Value Of Canmax Technologies Co., Ltd. (SZSE:300390)
Mar 15Financial Position Analysis
Short Term Liabilities: 300390's short term assets (CN¥10.8B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 300390's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300390 has more cash than its total debt.
Reducing Debt: 300390's debt to equity ratio has increased from 8.2% to 18.2% over the past 5 years.
Debt Coverage: 300390's debt is well covered by operating cash flow (157.2%).
Interest Coverage: 300390 earns more interest than it pays, so coverage of interest payments is not a concern.