Ourpalm Balance Sheet Health
Financial Health criteria checks 6/6
Ourpalm has a total shareholder equity of CN¥4.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.3B and CN¥510.2M respectively. Ourpalm's EBIT is CN¥19.3M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥2.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -0.1x |
Cash | CN¥2.63b |
Equity | CN¥4.82b |
Total liabilities | CN¥510.24m |
Total assets | CN¥5.33b |
Recent financial health updates
No updates
Recent updates
Ourpalm (SZSE:300315) Will Be Hoping To Turn Its Returns On Capital Around
Jun 19Is Now The Time To Look At Buying Ourpalm Co., Ltd. (SZSE:300315)?
May 24We Think Ourpalm's (SZSE:300315) Healthy Earnings Might Be Conservative
May 02Ourpalm Co., Ltd.'s (SZSE:300315) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 17Subdued Growth No Barrier To Ourpalm Co., Ltd. (SZSE:300315) With Shares Advancing 27%
Mar 03Financial Position Analysis
Short Term Liabilities: 300315's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥464.2M).
Long Term Liabilities: 300315's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥46.1M).
Debt to Equity History and Analysis
Debt Level: 300315 is debt free.
Reducing Debt: 300315 has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
Debt Coverage: 300315 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300315 has no debt, therefore coverage of interest payments is not a concern.