Allwinnertech TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Allwinnertech TechnologyLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥270.8M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CN¥3.6B and CN¥619.3M respectively. Allwinnertech TechnologyLtd's EBIT is CN¥9.6M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥2.0B.
Key information
9.0%
Debt to equity ratio
CN¥270.84m
Debt
Interest coverage ratio | -0.2x |
Cash | CN¥1.98b |
Equity | CN¥3.02b |
Total liabilities | CN¥619.30m |
Total assets | CN¥3.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300458's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥558.4M).
Long Term Liabilities: 300458's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥60.9M).
Debt to Equity History and Analysis
Debt Level: 300458 has more cash than its total debt.
Reducing Debt: 300458's debt to equity ratio has increased from 2.6% to 9% over the past 5 years.
Debt Coverage: 300458's debt is well covered by operating cash flow (147.4%).
Interest Coverage: 300458 earns more interest than it pays, so coverage of interest payments is not a concern.