Venustech Group Balance Sheet Health
Financial Health criteria checks 6/6
Venustech Group has a total shareholder equity of CN¥11.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥13.8B and CN¥2.4B respectively. Venustech Group's EBIT is CN¥239.9M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥2.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥2.90b |
| Equity | CN¥11.48b |
| Total liabilities | CN¥2.36b |
| Total assets | CN¥13.84b |
Recent financial health updates
These 4 Measures Indicate That Venustech Group (SZSE:002439) Is Using Debt Reasonably Well
Aug 29
These 4 Measures Indicate That Venustech Group (SZSE:002439) Is Using Debt Reasonably Well
Mar 25Recent updates
Venustech Group's (SZSE:002439) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 05Why Investors Shouldn't Be Surprised By Venustech Group Inc.'s (SZSE:002439) 37% Share Price Surge
Oct 02Analysts Have Been Trimming Their Venustech Group Inc. (SZSE:002439) Price Target After Its Latest Report
Aug 30These 4 Measures Indicate That Venustech Group (SZSE:002439) Is Using Debt Reasonably Well
Aug 29Investor Optimism Abounds Venustech Group Inc. (SZSE:002439) But Growth Is Lacking
Jul 18Venustech Group's (SZSE:002439) Upcoming Dividend Will Be Larger Than Last Year's
Jun 27Venustech Group (SZSE:002439) Is Posting Healthy Earnings, But It Is Not All Good News
Apr 21Venustech Group Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 17These 4 Measures Indicate That Venustech Group (SZSE:002439) Is Using Debt Reasonably Well
Mar 25Venustech Group Inc. (SZSE:002439) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Mar 04Financial Position Analysis
Short Term Liabilities: 002439's short term assets (CN¥8.7B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002439's short term assets (CN¥8.7B) exceed its long term liabilities (CN¥190.5M).
Debt to Equity History and Analysis
Debt Level: 002439 is debt free.
Reducing Debt: 002439 has no debt compared to 5 years ago when its debt to equity ratio was 22.3%.
Debt Coverage: 002439 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002439 has no debt, therefore coverage of interest payments is not a concern.