Ourpalm Balance Sheet Health
Financial Health criteria checks 6/6
Ourpalm has a total shareholder equity of CN¥4.9B 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¥443.1M respectively. Ourpalm's EBIT is CN¥62.1M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥2.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥2.53b |
| Equity | CN¥4.89b |
| Total liabilities | CN¥443.06m |
| Total assets | CN¥5.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300315's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥399.5M).
Long Term Liabilities: 300315's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥43.6M).
Debt to Equity History and Analysis
Debt Level: 300315 is debt free.
Reducing Debt: 300315 had no debt 5 years ago.
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.