Shanghai Amarsoft Information & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shanghai Amarsoft Information & TechnologyLtd has a total shareholder equity of CN¥369.7M and total debt of CN¥343.7M, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are CN¥1.1B and CN¥713.9M respectively.
Key information
93.0%
Debt to equity ratio
CN¥343.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥137.77m |
| Equity | CN¥369.69m |
| Total liabilities | CN¥713.87m |
| Total assets | CN¥1.08b |
Recent financial health updates
No updates
Recent updates
Shanghai Amarsoft Information & Technology Co.,Ltd (SZSE:300380) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Nov 08
Shanghai Amarsoft Information & Technology Co.,Ltd's (SZSE:300380) Shares Bounce 34% But Its Business Still Trails The Industry
Sep 24Little Excitement Around Shanghai Amarsoft Information & Technology Co.,Ltd's (SZSE:300380) Revenues As Shares Take 25% Pounding
Apr 15Lacklustre Performance Is Driving Shanghai Amarsoft Information & Technology Co.,Ltd's (SZSE:300380) Low P/S
Mar 01Financial Position Analysis
Short Term Liabilities: 300380's short term assets (CN¥985.3M) exceed its short term liabilities (CN¥704.5M).
Long Term Liabilities: 300380's short term assets (CN¥985.3M) exceed its long term liabilities (CN¥9.4M).
Debt to Equity History and Analysis
Debt Level: 300380's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: 300380's debt to equity ratio has increased from 4.4% to 93% over the past 5 years.
Debt Coverage: 300380's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: Insufficient data to determine if 300380's interest payments on its debt are well covered by EBIT.