PowerTECH Balance Sheet Health
Financial Health criteria checks 5/6
PowerTECH has a total shareholder equity of CN¥1.5B and total debt of CN¥1.0M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CN¥1.6B and CN¥111.8M respectively.
Key information
0.07%
Debt to equity ratio
CN¥1.03m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.16b |
Equity | CN¥1.47b |
Total liabilities | CN¥111.85m |
Total assets | CN¥1.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301369's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥110.0M).
Long Term Liabilities: 301369's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥1.9M).
Debt to Equity History and Analysis
Debt Level: 301369 has more cash than its total debt.
Reducing Debt: 301369's debt to equity ratio has reduced from 20.6% to 0.07% over the past 5 years.
Debt Coverage: 301369's debt is well covered by operating cash flow (1401.7%).
Interest Coverage: Insufficient data to determine if 301369's interest payments on its debt are well covered by EBIT.