Imeik Technology DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Imeik Technology DevelopmentLtd has a total shareholder equity of CN¥7.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥7.3B and CN¥284.7M respectively. Imeik Technology DevelopmentLtd's EBIT is CN¥2.2B making its interest coverage ratio -23.2. It has cash and short-term investments of CN¥4.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -23.2x |
| Cash | CN¥4.41b |
| Equity | CN¥7.02b |
| Total liabilities | CN¥284.67m |
| Total assets | CN¥7.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300896's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥224.4M).
Long Term Liabilities: 300896's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥60.2M).
Debt to Equity History and Analysis
Debt Level: 300896 is debt free.
Reducing Debt: 300896 had no debt 5 years ago.
Debt Coverage: 300896 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300896 has no debt, therefore coverage of interest payments is not a concern.