Venustech Group Balance Sheet Health
Financial Health criteria checks 6/6
Venustech Group has a total shareholder equity of CN¥12.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥14.9B and CN¥2.9B respectively. Venustech Group's EBIT is CN¥428.5M making its interest coverage ratio -1.8. It has cash and short-term investments of CN¥6.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.8x |
| Cash | CN¥6.08b |
| Equity | CN¥12.01b |
| Total liabilities | CN¥2.86b |
| Total assets | CN¥14.86b |
Recent financial health updates
Recent updates
Venustech Group (SZSE:002439) Is Posting Healthy Earnings, But It Is Not All Good News
Apr 21
Venustech 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¥11.8B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 002439's short term assets (CN¥11.8B) exceed its long term liabilities (CN¥218.5M).
Debt to Equity History and Analysis
Debt Level: 002439 is debt free.
Reducing Debt: 002439 had no debt 5 years ago.
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.