Shenzhen SEGLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen SEGLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥842.0M, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are CN¥5.4B and CN¥2.8B respectively. Shenzhen SEGLtd's EBIT is CN¥18.5M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥1.2B.
Key information
33.3%
Debt to equity ratio
CN¥842.03m
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥1.22b |
| Equity | CN¥2.53b |
| Total liabilities | CN¥2.82b |
| Total assets | CN¥5.35b |
Recent financial health updates
Is Shenzhen SEGLtd (SZSE:000058) Using Too Much Debt?
Aug 23
Shenzhen SEGLtd (SZSE:000058) Seems To Use Debt Rather Sparingly
Mar 28Recent updates
Financial Position Analysis
Short Term Liabilities: 000058's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 000058's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥723.4M).
Debt to Equity History and Analysis
Debt Level: 000058 has more cash than its total debt.
Reducing Debt: 000058's debt to equity ratio has reduced from 88% to 33.3% over the past 5 years.
Debt Coverage: 000058's debt is well covered by operating cash flow (40.2%).
Interest Coverage: 000058 earns more interest than it pays, so coverage of interest payments is not a concern.