Brilliance Technology Balance Sheet Health
Financial Health criteria checks 4/6
Brilliance Technology has a total shareholder equity of CN¥634.6M and total debt of CN¥393.4M, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are CN¥1.4B and CN¥802.3M respectively. Brilliance Technology's EBIT is CN¥43.6M making its interest coverage ratio 3.5. It has cash and short-term investments of CN¥233.7M.
Key information
62.0%
Debt to equity ratio
CN¥393.40m
Debt
| Interest coverage ratio | 3.5x |
| Cash | CN¥233.71m |
| Equity | CN¥634.57m |
| Total liabilities | CN¥802.28m |
| Total assets | CN¥1.44b |
Recent financial health updates
Brilliance Technology (SZSE:300542) Takes On Some Risk With Its Use Of Debt
Sep 24
Brilliance Technology (SZSE:300542) Takes On Some Risk With Its Use Of Debt
Jun 26Recent updates
Brilliance Technology Co., Ltd. (SZSE:300542) Soars 27% But It's A Story Of Risk Vs Reward
Sep 27Brilliance Technology (SZSE:300542) Takes On Some Risk With Its Use Of Debt
Sep 24Brilliance Technology (SZSE:300542) Might Have The Makings Of A Multi-Bagger
Aug 01Brilliance Technology (SZSE:300542) Takes On Some Risk With Its Use Of Debt
Jun 26Brilliance Technology Co., Ltd.'s (SZSE:300542) Shares Bounce 46% But Its Business Still Trails The Industry
May 21Some May Be Optimistic About Brilliance Technology's (SZSE:300542) Earnings
May 06Brilliance Technology Co., Ltd. (SZSE:300542) Shares Fly 27% But Investors Aren't Buying For Growth
Mar 11Financial Position Analysis
Short Term Liabilities: 300542's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥797.9M).
Long Term Liabilities: 300542's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥4.4M).
Debt to Equity History and Analysis
Debt Level: 300542's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: 300542's debt to equity ratio has increased from 13.1% to 62% over the past 5 years.
Debt Coverage: 300542's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 300542's interest payments on its debt are well covered by EBIT (3.5x coverage).