Thunder Software TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Thunder Software TechnologyLtd has a total shareholder equity of CN¥9.8B and total debt of CN¥20.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥11.5B and CN¥1.7B respectively. Thunder Software TechnologyLtd's EBIT is CN¥204.8M making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥4.6B.
Key information
0.2%
Debt to equity ratio
CN¥20.33m
Debt
| Interest coverage ratio | -1.6x |
| Cash | CN¥4.63b |
| Equity | CN¥9.76b |
| Total liabilities | CN¥1.70b |
| Total assets | CN¥11.46b |
Recent financial health updates
Recent updates
Thunder Software Technology Co.,Ltd.'s (SZSE:300496) Share Price Is Still Matching Investor Opinion Despite 26% Slump
Apr 16
Is Thunder Software TechnologyLtd (SZSE:300496) Using Too Much Debt?
Apr 14Downgrade: Here's How Analysts See Thunder Software Technology Co.,Ltd. (SZSE:300496) Performing In The Near Term
Mar 31We Think That There Are More Issues For Thunder Software TechnologyLtd (SZSE:300496) Than Just Sluggish Earnings
Mar 26Getting In Cheap On Thunder Software Technology Co.,Ltd. (SZSE:300496) Might Be Difficult
Feb 29Financial Position Analysis
Short Term Liabilities: 300496's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300496's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥147.9M).
Debt to Equity History and Analysis
Debt Level: 300496 has more cash than its total debt.
Reducing Debt: 300496's debt to equity ratio has reduced from 35.3% to 0.2% over the past 5 years.
Debt Coverage: 300496's debt is well covered by operating cash flow (3712.3%).
Interest Coverage: 300496 earns more interest than it pays, so coverage of interest payments is not a concern.