Smartsens Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Smartsens Technology (Shanghai) has a total shareholder equity of CN¥3.9B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are CN¥7.3B and CN¥3.4B respectively. Smartsens Technology (Shanghai)'s EBIT is CN¥281.5M making its interest coverage ratio 5.6. It has cash and short-term investments of CN¥950.6M.
Key information
64.3%
Debt to equity ratio
CN¥2.50b
Debt
| Interest coverage ratio | 5.6x |
| Cash | CN¥950.61m |
| Equity | CN¥3.89b |
| Total liabilities | CN¥3.41b |
| Total assets | CN¥7.30b |
Recent financial health updates
Recent updates
Smartsens Technology (Shanghai)'s (SHSE:688213) Earnings Are Weaker Than They Seem
Aug 30
Smartsens Technology (Shanghai) (SHSE:688213) Takes On Some Risk With Its Use Of Debt
Aug 13Smartsens Technology (Shanghai) (SHSE:688213) Shareholders Will Want The ROCE Trajectory To Continue
Jun 16Subdued Growth No Barrier To Smartsens Technology (Shanghai) Co., Ltd. (SHSE:688213) With Shares Advancing 30%
Mar 04Financial Position Analysis
Short Term Liabilities: 688213's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 688213's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥389.8M).
Debt to Equity History and Analysis
Debt Level: 688213's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: 688213 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 688213's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688213's interest payments on its debt are well covered by EBIT (5.6x coverage).