Shenzhen Etmade Automatic Equipment Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Etmade Automatic Equipment has a total shareholder equity of CN¥898.3M and total debt of CN¥34.6M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥1.4B and CN¥550.1M respectively. Shenzhen Etmade Automatic Equipment's EBIT is CN¥673.0K making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥176.2M.
Key information
3.9%
Debt to equity ratio
CN¥34.60m
Debt
Interest coverage ratio | -0.6x |
Cash | CN¥176.24m |
Equity | CN¥898.31m |
Total liabilities | CN¥550.15m |
Total assets | CN¥1.45b |
Recent financial health updates
No updates
Recent updates
Shenzhen Etmade Automatic Equipment Co., Ltd. (SZSE:300812) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
Apr 18Shenzhen Etmade Automatic Equipment Co., Ltd.'s (SZSE:300812) Shares Climb 25% But Its Business Is Yet to Catch Up
Mar 04Investors Could Be Concerned With Shenzhen Etmade Automatic Equipment's (SZSE:300812) Returns On Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 300812's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥530.7M).
Long Term Liabilities: 300812's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥19.5M).
Debt to Equity History and Analysis
Debt Level: 300812 has more cash than its total debt.
Reducing Debt: 300812's debt to equity ratio has increased from 0.8% to 3.9% over the past 5 years.
Debt Coverage: 300812's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300812 earns more interest than it pays, so coverage of interest payments is not a concern.