Thunder Software TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Thunder Software TechnologyLtd has a total shareholder equity of CN¥9.9B and total debt of CN¥17.8M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥11.6B and CN¥1.7B respectively. Thunder Software TechnologyLtd's EBIT is CN¥99.8M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥4.5B.
Key information
0.2%
Debt to equity ratio
CN¥17.82m
Debt
Interest coverage ratio | -0.8x |
Cash | CN¥4.50b |
Equity | CN¥9.86b |
Total liabilities | CN¥1.73b |
Total assets | CN¥11.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300496's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300496's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥144.1M).
Debt to Equity History and Analysis
Debt Level: 300496 has more cash than its total debt.
Reducing Debt: 300496's debt to equity ratio has reduced from 27.7% to 0.2% over the past 5 years.
Debt Coverage: 300496's debt is well covered by operating cash flow (3305.9%).
Interest Coverage: 300496 earns more interest than it pays, so coverage of interest payments is not a concern.