Asia Cuanon Technology (Shanghai)Ltd Balance Sheet Health
Financial Health criteria checks 1/6
Asia Cuanon Technology (Shanghai)Ltd has a total shareholder equity of CN¥1.7B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 140.8%. Its total assets and total liabilities are CN¥6.6B and CN¥4.9B respectively.
Key information
140.8%
Debt to equity ratio
CN¥2.33b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥418.00m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥4.94b |
| Total assets | CN¥6.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603378's short term assets (CN¥2.7B) do not cover its short term liabilities (CN¥4.2B).
Long Term Liabilities: 603378's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥752.9M).
Debt to Equity History and Analysis
Debt Level: 603378's net debt to equity ratio (115.5%) is considered high.
Reducing Debt: 603378's debt to equity ratio has increased from 29.7% to 140.8% over the past 5 years.
Debt Coverage: 603378's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: Insufficient data to determine if 603378's interest payments on its debt are well covered by EBIT.