IReader Technology Balance Sheet Health
Financial Health criteria checks 6/6
IReader Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.2B and CN¥674.8M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.95b |
| Equity | CN¥2.51b |
| Total liabilities | CN¥674.82m |
| Total assets | CN¥3.19b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By IReader Technology Co., Ltd.'s (SHSE:603533) Low P/S
Oct 07
IReader Technology Co., Ltd. (SHSE:603533) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jun 06What IReader Technology Co., Ltd.'s (SHSE:603533) 49% Share Price Gain Is Not Telling You
Apr 01IReader Technology (SHSE:603533) Will Be Hoping To Turn Its Returns On Capital Around
Mar 06Financial Position Analysis
Short Term Liabilities: 603533's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥612.3M).
Long Term Liabilities: 603533's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥62.5M).
Debt to Equity History and Analysis
Debt Level: 603533 is debt free.
Reducing Debt: 603533 has not had any debt for past 5 years.
Debt Coverage: 603533 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603533 has no debt, therefore coverage of interest payments is not a concern.