Astro-century Education&TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Astro-century Education&TechnologyLtd has a total shareholder equity of CN¥844.3M and total debt of CN¥1.2M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.1B and CN¥234.1M respectively. Astro-century Education&TechnologyLtd's EBIT is CN¥45.8M making its interest coverage ratio -3. It has cash and short-term investments of CN¥573.9M.
Key information
0.1%
Debt to equity ratio
CN¥1.24m
Debt
| Interest coverage ratio | -3x |
| Cash | CN¥573.86m |
| Equity | CN¥844.26m |
| Total liabilities | CN¥234.14m |
| Total assets | CN¥1.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300654's short term assets (CN¥922.4M) exceed its short term liabilities (CN¥225.5M).
Long Term Liabilities: 300654's short term assets (CN¥922.4M) exceed its long term liabilities (CN¥8.7M).
Debt to Equity History and Analysis
Debt Level: 300654 has more cash than its total debt.
Reducing Debt: 300654's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 300654's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300654 earns more interest than it pays, so coverage of interest payments is not a concern.