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¥9.7B and total debt of CN¥13.6B, which brings its debt-to-equity ratio to 140%. Its total assets and total liabilities are CN¥28.6B and CN¥18.9B respectively. Range Intelligent Computing Technology Group's EBIT is CN¥2.4B making its interest coverage ratio 12.1. It has cash and short-term investments of CN¥3.1B.
Key information
140.0%
Debt to equity ratio
CN¥13.63b
Debt
| Interest coverage ratio | 12.1x |
| Cash | CN¥3.06b |
| Equity | CN¥9.73b |
| Total liabilities | CN¥18.91b |
| Total assets | CN¥28.65b |
Recent financial health updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Range Intelligent Computing Technology Group (SZSE:300442)
Nov 05
Range Intelligent Computing Technology Group's (SZSE:300442) Dividend Will Be Increased To CN¥0.3995
Sep 29Does Range Intelligent Computing Technology Group (SZSE:300442) Have A Healthy Balance Sheet?
Aug 18Range Intelligent Computing Technology Group (SZSE:300442) Is Experiencing Growth In Returns On Capital
Jun 07Range Intelligent Computing Technology Group's (SZSE:300442) Solid Earnings May Rest On Weak Foundations
Apr 24Range 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¥7.1B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 300442's short term assets (CN¥7.1B) do not cover its long term liabilities (CN¥14.7B).
Debt to Equity History and Analysis
Debt Level: 300442's net debt to equity ratio (108.6%) is considered high.
Reducing Debt: 300442's debt to equity ratio has reduced from 2310.5% to 140% over the past 5 years.
Debt Coverage: 300442's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: 300442's interest payments on its debt are well covered by EBIT (12.1x coverage).