Actions Technology Balance Sheet Health
Financial Health criteria checks 6/6
Actions Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥115.0M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are CN¥2.1B and CN¥233.0M respectively. Actions Technology's EBIT is CN¥21.8M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.5B.
Key information
6.2%
Debt to equity ratio
CN¥115.00m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥1.53b |
| Equity | CN¥1.84b |
| Total liabilities | CN¥232.96m |
| Total assets | CN¥2.07b |
Recent financial health updates
Recent updates
Actions Technology Co., Ltd.'s (SHSE:688049) Shares Climb 26% But Its Business Is Yet to Catch Up
Nov 15
Actions Technology (SHSE:688049) Seems To Use Debt Rather Sparingly
Oct 21Investors Still Waiting For A Pull Back In Actions Technology Co., Ltd. (SHSE:688049)
Sep 30A Look At The Fair Value Of Actions Technology Co., Ltd. (SHSE:688049)
Jul 15We Think That There Are Some Issues For Actions Technology (SHSE:688049) Beyond Its Promising Earnings
Apr 01Actions Technology Co., Ltd. (SHSE:688049) Looks Just Right With A 25% Price Jump
Mar 15Financial Position Analysis
Short Term Liabilities: 688049's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥216.4M).
Long Term Liabilities: 688049's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥16.5M).
Debt to Equity History and Analysis
Debt Level: 688049 has more cash than its total debt.
Reducing Debt: 688049's debt to equity ratio has reduced from 7.5% to 6.2% over the past 5 years.
Debt Coverage: 688049's debt is well covered by operating cash flow (115.6%).
Interest Coverage: 688049 earns more interest than it pays, so coverage of interest payments is not a concern.