Brilliance Technology Balance Sheet Health
Financial Health criteria checks 4/6
Brilliance Technology has a total shareholder equity of CN¥644.0M and total debt of CN¥424.9M, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are CN¥1.4B and CN¥766.4M respectively. Brilliance Technology's EBIT is CN¥95.8M making its interest coverage ratio 9.5. It has cash and short-term investments of CN¥229.6M.
Key information
66.0%
Debt to equity ratio
CN¥424.85m
Debt
Interest coverage ratio | 9.5x |
Cash | CN¥229.60m |
Equity | CN¥644.04m |
Total liabilities | CN¥766.43m |
Total assets | CN¥1.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300542's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥765.2M).
Long Term Liabilities: 300542's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥1.2M).
Debt to Equity History and Analysis
Debt Level: 300542's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: 300542's debt to equity ratio has increased from 25.4% to 66% over the past 5 years.
Debt Coverage: 300542's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300542's interest payments on its debt are well covered by EBIT (9.5x coverage).