Omat Advanced Materials (Guangdong)Ltd Balance Sheet Health
Financial Health criteria checks 4/6
Omat Advanced Materials (Guangdong)Ltd has a total shareholder equity of CN¥844.0M and total debt of CN¥80.7M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are CN¥1.0B and CN¥162.4M respectively. Omat Advanced Materials (Guangdong)Ltd's EBIT is CN¥11.9M making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥124.2M.
Key information
9.6%
Debt to equity ratio
CN¥80.74m
Debt
| Interest coverage ratio | 5.1x |
| Cash | CN¥124.17m |
| Equity | CN¥843.96m |
| Total liabilities | CN¥162.44m |
| Total assets | CN¥1.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688530's short term assets (CN¥610.3M) exceed its short term liabilities (CN¥105.6M).
Long Term Liabilities: 688530's short term assets (CN¥610.3M) exceed its long term liabilities (CN¥56.8M).
Debt to Equity History and Analysis
Debt Level: 688530 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688530's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688530's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688530's interest payments on its debt are well covered by EBIT (5.1x coverage).