Shanghai Information2 Software Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Information2 Software has a total shareholder equity of CN¥1.2B and total debt of CN¥2.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.2B and CN¥54.3M respectively. Shanghai Information2 Software's EBIT is CN¥29.0M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥828.4M.
Key information
0.2%
Debt to equity ratio
CN¥2.30m
Debt
Interest coverage ratio | -2.5x |
Cash | CN¥828.35m |
Equity | CN¥1.16b |
Total liabilities | CN¥54.35m |
Total assets | CN¥1.21b |
Financial Position Analysis
Short Term Liabilities: 688435's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥52.4M).
Long Term Liabilities: 688435's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥2.0M).
Debt to Equity History and Analysis
Debt Level: 688435 has more cash than its total debt.
Reducing Debt: 688435's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 688435's debt is well covered by operating cash flow (248.4%).
Interest Coverage: 688435 earns more interest than it pays, so coverage of interest payments is not a concern.