Shanghai Hi-Tech Control System Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Hi-Tech Control System has a total shareholder equity of CN¥1.8B and total debt of CN¥308.6M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are CN¥4.3B and CN¥2.5B respectively. Shanghai Hi-Tech Control System's EBIT is CN¥123.0M making its interest coverage ratio -14.5. It has cash and short-term investments of CN¥732.5M.
Key information
17.5%
Debt to equity ratio
CN¥308.56m
Debt
Interest coverage ratio | -14.5x |
Cash | CN¥732.49m |
Equity | CN¥1.77b |
Total liabilities | CN¥2.50b |
Total assets | CN¥4.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002184's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002184's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥116.9M).
Debt to Equity History and Analysis
Debt Level: 002184 has more cash than its total debt.
Reducing Debt: 002184's debt to equity ratio has reduced from 38.6% to 17.5% over the past 5 years.
Debt Coverage: 002184's debt is well covered by operating cash flow (46.7%).
Interest Coverage: 002184 earns more interest than it pays, so coverage of interest payments is not a concern.