Shenzhen Bluetrum Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Bluetrum Technology has a total shareholder equity of CN¥3.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are CN¥5.1B and CN¥1.2B respectively. Shenzhen Bluetrum Technology's EBIT is CN¥136.1M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥4.0B.
Key information
28.7%
Debt to equity ratio
CN¥1.10b
Debt
| Interest coverage ratio | -1.2x |
| Cash | CN¥3.97b |
| Equity | CN¥3.83b |
| Total liabilities | CN¥1.25b |
| Total assets | CN¥5.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688332's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 688332's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥2.9M).
Debt to Equity History and Analysis
Debt Level: 688332 has more cash than its total debt.
Reducing Debt: 688332's debt to equity ratio has reduced from 41.1% to 28.7% over the past 5 years.
Debt Coverage: 688332's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688332 earns more interest than it pays, so coverage of interest payments is not a concern.