Shanghai Golden Bridge InfoTechLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Golden Bridge InfoTechLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥8.2M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥1.6B and CN¥473.5M respectively. Shanghai Golden Bridge InfoTechLtd's EBIT is CN¥6.3M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥627.3M.
Key information
0.8%
Debt to equity ratio
CN¥8.23m
Debt
Interest coverage ratio | -6.8x |
Cash | CN¥627.26m |
Equity | CN¥1.09b |
Total liabilities | CN¥473.46m |
Total assets | CN¥1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603918's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥468.9M).
Long Term Liabilities: 603918's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥4.5M).
Debt to Equity History and Analysis
Debt Level: 603918 has more cash than its total debt.
Reducing Debt: 603918's debt to equity ratio has reduced from 13.1% to 0.8% over the past 5 years.
Debt Coverage: 603918's debt is well covered by operating cash flow (622.8%).
Interest Coverage: 603918 earns more interest than it pays, so coverage of interest payments is not a concern.