Shandong Cvicse MiddlewareLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Cvicse MiddlewareLtd has a total shareholder equity of CN¥795.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥826.0M and CN¥30.7M respectively. Shandong Cvicse MiddlewareLtd's EBIT is CN¥70.7M making its interest coverage ratio 304.7. It has cash and short-term investments of CN¥568.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | 304.7x |
Cash | CN¥568.67m |
Equity | CN¥795.28m |
Total liabilities | CN¥30.70m |
Total assets | CN¥825.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688695's short term assets (CN¥795.0M) exceed its short term liabilities (CN¥23.8M).
Long Term Liabilities: 688695's short term assets (CN¥795.0M) exceed its long term liabilities (CN¥6.9M).
Debt to Equity History and Analysis
Debt Level: 688695 is debt free.
Reducing Debt: 688695 has no debt compared to 5 years ago when its debt to equity ratio was 2.5%.
Debt Coverage: 688695 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688695 has no debt, therefore coverage of interest payments is not a concern.