ChinaEtek Service & Technology Balance Sheet Health
Financial Health criteria checks 6/6
ChinaEtek Service & Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥357.1M respectively. ChinaEtek Service & Technology's EBIT is CN¥134.5M making its interest coverage ratio -6.7. It has cash and short-term investments of CN¥815.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.7x |
| Cash | CN¥815.16m |
| Equity | CN¥1.48b |
| Total liabilities | CN¥357.12m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
ChinaEtek Service & Technology's (SZSE:301208) Weak Earnings May Only Reveal A Part Of The Whole Picture
Aug 28
Some Investors May Be Worried About ChinaEtek Service & Technology's (SZSE:301208) Returns On Capital
Aug 02ChinaEtek Service & Technology Co., Ltd. (SZSE:301208) Not Doing Enough For Some Investors As Its Shares Slump 29%
Apr 21Here's What's Concerning About ChinaEtek Service & Technology's (SZSE:301208) Returns On Capital
Apr 17Financial Position Analysis
Short Term Liabilities: 301208's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥356.1M).
Long Term Liabilities: 301208's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥1.0M).
Debt to Equity History and Analysis
Debt Level: 301208 is debt free.
Reducing Debt: 301208 has no debt compared to 5 years ago when its debt to equity ratio was 18.8%.
Debt Coverage: 301208 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301208 has no debt, therefore coverage of interest payments is not a concern.