SigmaStar Technology Balance Sheet Health
Financial Health criteria checks 5/6
SigmaStar Technology has a total shareholder equity of CN¥2.8B and total debt of CN¥736.9M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are CN¥4.0B and CN¥1.2B respectively. SigmaStar Technology's EBIT is CN¥152.6M making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥1.3B.
Key information
26.5%
Debt to equity ratio
CN¥736.93m
Debt
Interest coverage ratio | -9.1x |
Cash | CN¥1.33b |
Equity | CN¥2.78b |
Total liabilities | CN¥1.22b |
Total assets | CN¥4.00b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301536's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥756.6M).
Long Term Liabilities: 301536's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥465.1M).
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 (66.6%).
Interest Coverage: 301536 earns more interest than it pays, so coverage of interest payments is not a concern.