Range Intelligent Computing Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Range Intelligent Computing Technology Group has a total shareholder equity of CN¥9.0B and total debt of CN¥11.0B, which brings its debt-to-equity ratio to 121.8%. Its total assets and total liabilities are CN¥26.3B and CN¥17.2B respectively. Range Intelligent Computing Technology Group's EBIT is CN¥2.0B making its interest coverage ratio 21. It has cash and short-term investments of CN¥2.4B.
Key information
121.8%
Debt to equity ratio
CN¥11.00b
Debt
| Interest coverage ratio | 21x |
| Cash | CN¥2.42b |
| Equity | CN¥9.03b |
| Total liabilities | CN¥17.22b |
| Total assets | CN¥26.25b |
Recent financial health updates
No updates
Recent updates
Range Intelligent Computing Technology Group's (SZSE:300442) Solid Earnings May Rest On Weak Foundations
Apr 24
Range Intelligent Computing Technology Group Company Limited (SZSE:300442) Just Released Its Full-Year Earnings: Here's What Analysts Think
Apr 21Range Intelligent Computing Technology Group Company Limited (SZSE:300442) Not Flying Under The Radar
Apr 18Returns At Range Intelligent Computing Technology Group (SZSE:300442) Are On The Way Up
Feb 26Financial Position Analysis
Short Term Liabilities: 300442's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 300442's short term assets (CN¥7.3B) do not cover its long term liabilities (CN¥13.0B).
Debt to Equity History and Analysis
Debt Level: 300442's net debt to equity ratio (95%) is considered high.
Reducing Debt: 300442's debt to equity ratio has reduced from 3229.1% to 121.8% over the past 5 years.
Debt Coverage: 300442's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300442's interest payments on its debt are well covered by EBIT (21x coverage).