Shanghai Amarsoft Information & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Amarsoft Information & TechnologyLtd has a total shareholder equity of CN¥370.3M and total debt of CN¥367.8M, which brings its debt-to-equity ratio to 99.3%. Its total assets and total liabilities are CN¥1.1B and CN¥704.6M respectively.
Key information
99.3%
Debt to equity ratio
CN¥367.82m
Debt
Interest coverage ratio | n/a |
Cash | CN¥249.19m |
Equity | CN¥370.30m |
Total liabilities | CN¥704.56m |
Total assets | CN¥1.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300380's short term assets (CN¥972.3M) exceed its short term liabilities (CN¥694.4M).
Long Term Liabilities: 300380's short term assets (CN¥972.3M) exceed its long term liabilities (CN¥10.1M).
Debt to Equity History and Analysis
Debt Level: 300380's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: 300380's debt to equity ratio has increased from 6.5% to 99.3% over the past 5 years.
Debt Coverage: 300380's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: Insufficient data to determine if 300380's interest payments on its debt are well covered by EBIT.