Integrity Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
Integrity Technology Group has a total shareholder equity of CN¥1.0B and total debt of CN¥8.3M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥1.2B and CN¥137.9M respectively.
Key information
0.8%
Debt to equity ratio
CN¥8.27m
Debt
Interest coverage ratio | n/a |
Cash | CN¥527.89m |
Equity | CN¥1.02b |
Total liabilities | CN¥137.89m |
Total assets | CN¥1.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688244's short term assets (CN¥967.0M) exceed its short term liabilities (CN¥126.7M).
Long Term Liabilities: 688244's short term assets (CN¥967.0M) exceed its long term liabilities (CN¥11.1M).
Debt to Equity History and Analysis
Debt Level: 688244 has more cash than its total debt.
Reducing Debt: 688244's debt to equity ratio has reduced from 19.3% to 0.8% over the past 5 years.
Debt Coverage: 688244's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688244's interest payments on its debt are well covered by EBIT.