Shenzhen RongDa Photosensitive Science & Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen RongDa Photosensitive Science & Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥3.4M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.6B and CN¥295.6M respectively. Shenzhen RongDa Photosensitive Science & Technology's EBIT is CN¥134.8M making its interest coverage ratio -53.5. It has cash and short-term investments of CN¥343.3M.
Key information
0.3%
Debt to equity ratio
CN¥3.37m
Debt
Interest coverage ratio | -53.5x |
Cash | CN¥343.30m |
Equity | CN¥1.29b |
Total liabilities | CN¥295.62m |
Total assets | CN¥1.58b |
Recent financial health updates
No updates
Recent updates
Shenzhen RongDa Photosensitive Science & Technology's (SZSE:300576) Earnings Are Of Questionable Quality
Apr 15Slowing Rates Of Return At Shenzhen RongDa Photosensitive Science & Technology (SZSE:300576) Leave Little Room For Excitement
Apr 08What Shenzhen RongDa Photosensitive Science & Technology Co., Ltd.'s (SZSE:300576) 26% Share Price Gain Is Not Telling You
Feb 29Financial Position Analysis
Short Term Liabilities: 300576's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥275.0M).
Long Term Liabilities: 300576's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥20.6M).
Debt to Equity History and Analysis
Debt Level: 300576 has more cash than its total debt.
Reducing Debt: 300576's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 300576's debt is well covered by operating cash flow (536.6%).
Interest Coverage: 300576 earns more interest than it pays, so coverage of interest payments is not a concern.