Richinfo Technology Balance Sheet Health
Financial Health criteria checks 6/6
Richinfo Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥114.9M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥3.4B and CN¥656.9M respectively. Richinfo Technology's EBIT is CN¥174.2M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥1.1B.
Key information
4.2%
Debt to equity ratio
CN¥114.85m
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥1.12b |
| Equity | CN¥2.73b |
| Total liabilities | CN¥656.94m |
| Total assets | CN¥3.38b |
Recent financial health updates
Recent updates
Does Richinfo Technology (SZSE:300634) Have A Healthy Balance Sheet?
Dec 17
Investors Appear Satisfied With Richinfo Technology Co., Ltd.'s (SZSE:300634) Prospects As Shares Rocket 28%
Nov 15Investors Appear Satisfied With Richinfo Technology Co., Ltd.'s (SZSE:300634) Prospects As Shares Rocket 28%
Sep 27Analysts Just Shaved Their Richinfo Technology Co., Ltd. (SZSE:300634) Forecasts Dramatically
Aug 18Some Investors May Be Worried About Richinfo Technology's (SZSE:300634) Returns On Capital
Aug 01Does Richinfo Technology (SZSE:300634) Deserve A Spot On Your Watchlist?
May 25Investors Shouldn't Be Too Comfortable With Richinfo Technology's (SZSE:300634) Earnings
Apr 22Richinfo Technology (SZSE:300634) Is Reinvesting At Lower Rates Of Return
Mar 20Improved Earnings Required Before Richinfo Technology Co., Ltd. (SZSE:300634) Stock's 27% Jump Looks Justified
Mar 04Financial Position Analysis
Short Term Liabilities: 300634's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥642.1M).
Long Term Liabilities: 300634's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥14.8M).
Debt to Equity History and Analysis
Debt Level: 300634 has more cash than its total debt.
Reducing Debt: 300634's debt to equity ratio has reduced from 7.4% to 4.2% over the past 5 years.
Debt Coverage: 300634's debt is well covered by operating cash flow (64.7%).
Interest Coverage: 300634 earns more interest than it pays, so coverage of interest payments is not a concern.