Shandong Shanda OumasoftLTD Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Shanda OumasoftLTD has a total shareholder equity of CN¥1.0B and total debt of CN¥437.8K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CN¥1.1B and CN¥20.5M respectively. Shandong Shanda OumasoftLTD's EBIT is CN¥65.0M making its interest coverage ratio -24.1. It has cash and short-term investments of CN¥777.8M.
Key information
0.04%
Debt to equity ratio
CN¥437.80k
Debt
Interest coverage ratio | -24.1x |
Cash | CN¥777.75m |
Equity | CN¥1.04b |
Total liabilities | CN¥20.54m |
Total assets | CN¥1.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301185's short term assets (CN¥841.0M) exceed its short term liabilities (CN¥20.5M).
Long Term Liabilities: 301185's short term assets (CN¥841.0M) exceed its long term liabilities (CN¥76.7K).
Debt to Equity History and Analysis
Debt Level: 301185 has more cash than its total debt.
Reducing Debt: 301185's debt to equity ratio has increased from 0% to 0.04% over the past 5 years.
Debt Coverage: 301185's debt is well covered by operating cash flow (21502.8%).
Interest Coverage: 301185 earns more interest than it pays, so coverage of interest payments is not a concern.