UCAP Cloud Information TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
UCAP Cloud Information TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥165.2M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥1.9B and CN¥515.0M respectively. UCAP Cloud Information TechnologyLtd's EBIT is CN¥37.9M making its interest coverage ratio -4.3. It has cash and short-term investments of CN¥543.6M.
Key information
12.0%
Debt to equity ratio
CN¥165.16m
Debt
| Interest coverage ratio | -4.3x |
| Cash | CN¥543.61m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥514.98m |
| Total assets | CN¥1.90b |
Recent financial health updates
No updates
Recent updates
UCAP Cloud Information TechnologyLtd (SHSE:688228) Is Reinvesting At Lower Rates Of Return
Aug 23
Earnings Troubles May Signal Larger Issues for UCAP Cloud Information TechnologyLtd (SHSE:688228) Shareholders
May 02More Unpleasant Surprises Could Be In Store For UCAP Cloud Information Technology Co.,Ltd.'s (SHSE:688228) Shares After Tumbling 27%
Apr 10Financial Position Analysis
Short Term Liabilities: 688228's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥384.8M).
Long Term Liabilities: 688228's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥130.1M).
Debt to Equity History and Analysis
Debt Level: 688228 has more cash than its total debt.
Reducing Debt: 688228's debt to equity ratio has increased from 0% to 12% over the past 5 years.
Debt Coverage: 688228's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688228 earns more interest than it pays, so coverage of interest payments is not a concern.