SigmaStar Technology Balance Sheet Health
Financial Health criteria checks 5/6
SigmaStar Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥773.0M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are CN¥4.3B and CN¥1.4B respectively. SigmaStar Technology's EBIT is CN¥145.9M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥1.5B.
Key information
26.7%
Debt to equity ratio
CN¥772.96m
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥1.49b |
| Equity | CN¥2.90b |
| Total liabilities | CN¥1.42b |
| Total assets | CN¥4.32b |
Recent financial health updates
SigmaStar Technology (SZSE:301536) Has A Pretty Healthy Balance Sheet
Oct 25
Here's Why SigmaStar Technology (SZSE:301536) Can Manage Its Debt Responsibly
Jun 28Recent updates
SigmaStar Technology Ltd.'s (SZSE:301536) 26% Price Boost Is Out Of Tune With Revenues
Nov 11SigmaStar Technology (SZSE:301536) Has A Pretty Healthy Balance Sheet
Oct 25There Might Be More To SigmaStar Technology's (SZSE:301536) Story Than Just Weak Earnings
Aug 16Here's Why SigmaStar Technology (SZSE:301536) Can Manage Its Debt Responsibly
Jun 28Financial Position Analysis
Short Term Liabilities: 301536's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 301536's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥411.2M).
Debt to Equity History and Analysis
Debt Level: 301536 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301536's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301536's debt is well covered by operating cash flow (48.8%).
Interest Coverage: 301536 earns more interest than it pays, so coverage of interest payments is not a concern.