Shenzhen Bluetrum Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Bluetrum Technology has a total shareholder equity of CN¥3.9B and total debt of CN¥473.5M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥4.5B and CN¥579.2M respectively. Shenzhen Bluetrum Technology's EBIT is CN¥173.9M making its interest coverage ratio -2. It has cash and short-term investments of CN¥3.4B.
Key information
12.1%
Debt to equity ratio
CN¥473.45m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥3.36b |
| Equity | CN¥3.90b |
| Total liabilities | CN¥579.17m |
| Total assets | CN¥4.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688332's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥574.2M).
Long Term Liabilities: 688332's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥5.0M).
Debt to Equity History and Analysis
Debt Level: 688332 has more cash than its total debt.
Reducing Debt: 688332's debt to equity ratio has increased from 4.3% to 12.1% over the past 5 years.
Debt Coverage: 688332's debt is well covered by operating cash flow (53.3%).
Interest Coverage: 688332 earns more interest than it pays, so coverage of interest payments is not a concern.