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¥44.4M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥1.9B and CN¥115.3M respectively. Actions Technology's EBIT is CN¥10.6M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥1.5B.
Key information
2.5%
Debt to equity ratio
CN¥44.44m
Debt
Interest coverage ratio | -0.3x |
Cash | CN¥1.46b |
Equity | CN¥1.79b |
Total liabilities | CN¥115.31m |
Total assets | CN¥1.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688049's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥97.1M).
Long Term Liabilities: 688049's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥18.2M).
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 24.8% to 2.5% over the past 5 years.
Debt Coverage: 688049's debt is well covered by operating cash flow (302.9%).
Interest Coverage: 688049 earns more interest than it pays, so coverage of interest payments is not a concern.