Henan Shijia Photons Technology Balance Sheet Health
Financial Health criteria checks 5/6
Henan Shijia Photons Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥1.4M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.5B and CN¥333.0M respectively.
Key information
0.1%
Debt to equity ratio
CN¥1.39m
Debt
Interest coverage ratio | n/a |
Cash | CN¥413.35m |
Equity | CN¥1.14b |
Total liabilities | CN¥332.95m |
Total assets | CN¥1.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688313's short term assets (CN¥933.4M) exceed its short term liabilities (CN¥219.5M).
Long Term Liabilities: 688313's short term assets (CN¥933.4M) exceed its long term liabilities (CN¥113.4M).
Debt to Equity History and Analysis
Debt Level: 688313 has more cash than its total debt.
Reducing Debt: 688313's debt to equity ratio has reduced from 16% to 0.1% over the past 5 years.
Debt Coverage: 688313's debt is well covered by operating cash flow (3201.7%).
Interest Coverage: Insufficient data to determine if 688313's interest payments on its debt are well covered by EBIT.