iFLYTEKLTD Balance Sheet Health
Financial Health criteria checks 3/6
iFLYTEKLTD has a total shareholder equity of CN¥17.1B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are CN¥40.1B and CN¥23.0B respectively.
Key information
50.3%
Debt to equity ratio
CN¥8.61b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.75b |
| Equity | CN¥17.11b |
| Total liabilities | CN¥23.02b |
| Total assets | CN¥40.13b |
Recent financial health updates
Recent updates
Revenues Tell The Story For iFLYTEK CO.,LTD (SZSE:002230) As Its Stock Soars 29%
Oct 01
Results: iFLYTEK CO.,LTD Delivered A Surprise Loss And Now Analysts Have New Forecasts
Aug 23iFLYTEK CO.,LTD (SZSE:002230) Investors Are Less Pessimistic Than Expected
Jul 24iFLYTEK CO.,LTD's (SZSE:002230) Intrinsic Value Is Potentially 58% Above Its Share Price
May 21iFLYTEKLTD'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¥22.6B) exceed its short term liabilities (CN¥14.3B).
Long Term Liabilities: 002230's short term assets (CN¥22.6B) exceed its long term liabilities (CN¥8.7B).
Debt to Equity History and Analysis
Debt Level: 002230's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: 002230's debt to equity ratio has increased from 11.1% to 50.3% over the past 5 years.
Debt Coverage: 002230's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: Insufficient data to determine if 002230's interest payments on its debt are well covered by EBIT.