Shenzhen Topway Video Communication Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Topway Video Communication has a total shareholder equity of CN¥2.4B and total debt of CN¥457.9M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are CN¥4.3B and CN¥1.9B respectively. Shenzhen Topway Video Communication's EBIT is CN¥20.6M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥1.0B.
Key information
19.0%
Debt to equity ratio
CN¥457.95m
Debt
Interest coverage ratio | -1.5x |
Cash | CN¥1.00b |
Equity | CN¥2.41b |
Total liabilities | CN¥1.91b |
Total assets | CN¥4.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002238's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002238's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥273.9M).
Debt to Equity History and Analysis
Debt Level: 002238 has more cash than its total debt.
Reducing Debt: 002238's debt to equity ratio has increased from 0% to 19% over the past 5 years.
Debt Coverage: 002238's debt is well covered by operating cash flow (108.4%).
Interest Coverage: 002238 earns more interest than it pays, so coverage of interest payments is not a concern.