Omat Advanced Materials (Guangdong)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Omat Advanced Materials (Guangdong)Ltd has a total shareholder equity of CN¥849.4M and total debt of CN¥105.8M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are CN¥1.1B and CN¥209.1M respectively. Omat Advanced Materials (Guangdong)Ltd's EBIT is CN¥24.3M making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥240.1M.
Key information
12.5%
Debt to equity ratio
CN¥105.79m
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥240.09m |
| Equity | CN¥849.39m |
| Total liabilities | CN¥209.10m |
| Total assets | CN¥1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688530's short term assets (CN¥690.6M) exceed its short term liabilities (CN¥150.6M).
Long Term Liabilities: 688530's short term assets (CN¥690.6M) exceed its long term liabilities (CN¥58.5M).
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 debt is well covered by operating cash flow (67.2%).
Interest Coverage: 688530's interest payments on its debt are well covered by EBIT (7.4x coverage).