Paslin Digital Technology Balance Sheet Health
Financial Health criteria checks 2/6
Paslin Digital Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are CN¥3.6B and CN¥1.6B respectively. Paslin Digital Technology's EBIT is CN¥43.2M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥19.6M.
Key information
52.9%
Debt to equity ratio
CN¥1.06b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥19.63m |
| Equity | CN¥2.00b |
| Total liabilities | CN¥1.58b |
| Total assets | CN¥3.58b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Paslin Digital Technology Co., Ltd. (SHSE:600215) With Shares Advancing 27%
Nov 13
Paslin Digital Technology's (SHSE:600215) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 05We Think That There Are More Issues For Paslin Digital Technology (SHSE:600215) Than Just Sluggish Earnings
May 02We Ran A Stock Scan For Earnings Growth And Paslin Digital Technology (SHSE:600215) Passed With Ease
Apr 25Paslin Digital Technology Co., Ltd.'s (SHSE:600215) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 13Financial Position Analysis
Short Term Liabilities: 600215's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600215's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥225.0M).
Debt to Equity History and Analysis
Debt Level: 600215's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: 600215's debt to equity ratio has increased from 0% to 52.9% over the past 5 years.
Debt Coverage: 600215's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600215's interest payments on its debt are not well covered by EBIT (1.7x coverage).