Piotech Balance Sheet Health
Financial Health criteria checks 4/6
Piotech has a total shareholder equity of CN¥4.7B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are CN¥13.2B and CN¥8.4B respectively. Piotech's EBIT is CN¥239.3M making its interest coverage ratio 14.6. It has cash and short-term investments of CN¥2.0B.
Key information
64.7%
Debt to equity ratio
CN¥3.07b
Debt
| Interest coverage ratio | 14.6x |
| Cash | CN¥2.04b |
| Equity | CN¥4.75b |
| Total liabilities | CN¥8.42b |
| Total assets | CN¥13.17b |
Recent financial health updates
Is Piotech (SHSE:688072) A Risky Investment?
Oct 01
Is Piotech (SHSE:688072) A Risky Investment?
May 29Recent updates
Earnings Tell The Story For Piotech Inc. (SHSE:688072) As Its Stock Soars 35%
Nov 11Is Piotech (SHSE:688072) A Risky Investment?
Oct 01Piotech's (SHSE:688072) Performance Raises Some Questions
Sep 03Piotech Inc. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Aug 29Returns On Capital Are Showing Encouraging Signs At Piotech (SHSE:688072)
Aug 19Is Piotech (SHSE:688072) A Risky Investment?
May 29With Piotech Inc. (SHSE:688072) It Looks Like You'll Get What You Pay For
Feb 26Financial Position Analysis
Short Term Liabilities: 688072's short term assets (CN¥11.0B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 688072's short term assets (CN¥11.0B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 688072's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: 688072's debt to equity ratio has increased from 1% to 64.7% over the past 5 years.
Debt Coverage: 688072's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688072's interest payments on its debt are well covered by EBIT (14.6x coverage).