Integrity Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Integrity Technology Group has a total shareholder equity of CN¥985.9M and total debt of CN¥9.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥1.1B and CN¥136.0M respectively. Integrity Technology Group's EBIT is CN¥10.5M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥181.8M.
Key information
1.0%
Debt to equity ratio
CN¥9.61m
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥181.81m |
| Equity | CN¥985.89m |
| Total liabilities | CN¥135.98m |
| Total assets | CN¥1.12b |
Recent financial health updates
No updates
Recent updates
Integrity Technology Group (SHSE:688244) Posted Weak Earnings But There Is More To Worry About
Sep 02
Newsflash: Integrity Technology Group Inc. (SHSE:688244) Analysts Have Been Trimming Their Revenue Forecasts
Jun 05Integrity Technology Group Inc.'s (SHSE:688244) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Apr 18Why Investors Shouldn't Be Surprised By Beijing Integrity Technology Co.,Ltd's (SHSE:688244) P/S
Feb 28Financial Position Analysis
Short Term Liabilities: 688244's short term assets (CN¥885.7M) exceed its short term liabilities (CN¥121.3M).
Long Term Liabilities: 688244's short term assets (CN¥885.7M) exceed its long term liabilities (CN¥14.7M).
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 17.1% to 1% over the past 5 years.
Debt Coverage: 688244's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688244 earns more interest than it pays, so coverage of interest payments is not a concern.