Smartsens Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 4/6
Smartsens Technology (Shanghai) has a total shareholder equity of CN¥3.8B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are CN¥6.9B and CN¥3.1B respectively. Smartsens Technology (Shanghai)'s EBIT is CN¥78.4M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥843.0M.
Key information
62.2%
Debt to equity ratio
CN¥2.36b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥842.97m |
| Equity | CN¥3.79b |
| Total liabilities | CN¥3.08b |
| Total assets | CN¥6.86b |
Recent financial health updates
Recent updates
Smartsens Technology (Shanghai) (SHSE:688213) Takes On Some Risk With Its Use Of Debt
Aug 13
Smartsens 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¥5.3B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 688213's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥352.5M).
Debt to Equity History and Analysis
Debt Level: 688213's net debt to equity ratio (39.9%) 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 debt is not well covered by operating cash flow (0%).
Interest Coverage: 688213's interest payments on its debt are not well covered by EBIT (1.7x coverage).