Shenzhen Sea Star TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Sea Star TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥5.9M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥1.9B and CN¥330.7M respectively. Shenzhen Sea Star TechnologyLtd's EBIT is CN¥20.6M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥399.2M.
Key information
0.4%
Debt to equity ratio
CN¥5.87m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥399.20m |
Equity | CN¥1.58b |
Total liabilities | CN¥330.72m |
Total assets | CN¥1.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002137's short term assets (CN¥753.0M) exceed its short term liabilities (CN¥300.0M).
Long Term Liabilities: 002137's short term assets (CN¥753.0M) exceed its long term liabilities (CN¥30.7M).
Debt to Equity History and Analysis
Debt Level: 002137 has more cash than its total debt.
Reducing Debt: 002137's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 002137's debt is well covered by operating cash flow (830.6%).
Interest Coverage: 002137 earns more interest than it pays, so coverage of interest payments is not a concern.