SinosoftLtd Balance Sheet Health
Financial Health criteria checks 6/6
SinosoftLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.8B and CN¥3.5B respectively. SinosoftLtd's EBIT is CN¥518.9M making its interest coverage ratio -22. It has cash and short-term investments of CN¥1.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -22x |
| Cash | CN¥1.93b |
| Equity | CN¥3.23b |
| Total liabilities | CN¥3.53b |
| Total assets | CN¥6.76b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Sinosoft Co.,Ltd's (SHSE:603927) Earnings Despite 27% Price Jump
Oct 01
SinosoftLtd (SHSE:603927) Might Be Having Difficulty Using Its Capital Effectively
Sep 16There's No Escaping Sinosoft Co.,Ltd's (SHSE:603927) Muted Earnings
Jul 23SinosoftLtd's (SHSE:603927) Returns On Capital Not Reflecting Well On The Business
May 29Weak Statutory Earnings May Not Tell The Whole Story For SinosoftLtd (SHSE:603927)
May 02Sinosoft Co.,Ltd's (SHSE:603927) Intrinsic Value Is Potentially 34% Above Its Share Price
Mar 21Sinosoft Co.,Ltd's (SHSE:603927) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Mar 01Financial Position Analysis
Short Term Liabilities: 603927's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 603927's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥9.2M).
Debt to Equity History and Analysis
Debt Level: 603927 is debt free.
Reducing Debt: 603927 has not had any debt for past 5 years.
Debt Coverage: 603927 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603927 has no debt, therefore coverage of interest payments is not a concern.