iFLYTEKLTD Balance Sheet Health
Financial Health criteria checks 3/6
iFLYTEKLTD has a total shareholder equity of CN¥17.4B and total debt of CN¥7.0B, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are CN¥37.2B and CN¥19.8B respectively.
Key information
40.1%
Debt to equity ratio
CN¥6.97b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.68b |
| Equity | CN¥17.38b |
| Total liabilities | CN¥19.80b |
| Total assets | CN¥37.18b |
Recent financial health updates
Recent updates
iFLYTEK CO.,LTD's (SZSE:002230) Intrinsic Value Is Potentially 58% Above Its Share Price
May 21
iFLYTEKLTD's (SZSE:002230) Profits May Be Overstating Its True Earnings Potential
Apr 29iFLYTEK CO.,LTD (SZSE:002230) Just Reported And Analysts Have Been Cutting Their Estimates
Apr 26iFLYTEKLTD (SZSE:002230) Is Carrying A Fair Bit Of Debt
Apr 24Market Participants Recognise iFLYTEK CO.,LTD's (SZSE:002230) Revenues
Feb 28Financial Position Analysis
Short Term Liabilities: 002230's short term assets (CN¥20.0B) exceed its short term liabilities (CN¥11.7B).
Long Term Liabilities: 002230's short term assets (CN¥20.0B) exceed its long term liabilities (CN¥8.1B).
Debt to Equity History and Analysis
Debt Level: 002230's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 002230's debt to equity ratio has increased from 14.1% to 40.1% over the past 5 years.
Debt Coverage: 002230's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: Insufficient data to determine if 002230's interest payments on its debt are well covered by EBIT.