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¥9.9B and total debt of CN¥10.9B, which brings its debt-to-equity ratio to 110.7%. Its total assets and total liabilities are CN¥27.7B and CN¥17.8B respectively. Range Intelligent Computing Technology Group's EBIT is CN¥2.2B making its interest coverage ratio 17.1. It has cash and short-term investments of CN¥2.5B.
Key information
110.7%
Debt to equity ratio
CN¥10.91b
Debt
| Interest coverage ratio | 17.1x |
| Cash | CN¥2.45b |
| Equity | CN¥9.85b |
| Total liabilities | CN¥17.84b |
| Total assets | CN¥27.70b |
Recent financial health updates
Recent updates
Does Range Intelligent Computing Technology Group (SZSE:300442) Have A Healthy Balance Sheet?
Aug 18
Range 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¥6.5B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 300442's short term assets (CN¥6.5B) do not cover its long term liabilities (CN¥13.1B).
Debt to Equity History and Analysis
Debt Level: 300442's net debt to equity ratio (85.8%) is considered high.
Reducing Debt: 300442's debt to equity ratio has reduced from 2667.7% to 110.7% over the past 5 years.
Debt Coverage: 300442's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: 300442's interest payments on its debt are well covered by EBIT (17.1x coverage).