Easy Click Worldwide Network Technology Balance Sheet Health
Financial Health criteria checks 5/6
Easy Click Worldwide Network Technology has a total shareholder equity of CN¥3.5B and total debt of CN¥750.4M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are CN¥5.4B and CN¥1.9B respectively. Easy Click Worldwide Network Technology's EBIT is CN¥254.8M making its interest coverage ratio -5.6. It has cash and short-term investments of CN¥2.9B.
Key information
21.7%
Debt to equity ratio
CN¥750.41m
Debt
Interest coverage ratio | -5.6x |
Cash | CN¥2.90b |
Equity | CN¥3.46b |
Total liabilities | CN¥1.91b |
Total assets | CN¥5.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301171's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 301171's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥90.2M).
Debt to Equity History and Analysis
Debt Level: 301171 has more cash than its total debt.
Reducing Debt: 301171's debt to equity ratio has increased from 0.07% to 21.7% over the past 5 years.
Debt Coverage: 301171's debt is well covered by operating cash flow (34.7%).
Interest Coverage: 301171 earns more interest than it pays, so coverage of interest payments is not a concern.