ArcherMind Technology (Nanjing) Balance Sheet Health
Financial Health criteria checks 4/6
ArcherMind Technology (Nanjing) has a total shareholder equity of CN¥1.6B and total debt of CN¥295.2M, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are CN¥2.3B and CN¥695.6M respectively.
Key information
18.5%
Debt to equity ratio
CN¥295.21m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥572.09m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥695.64m |
| Total assets | CN¥2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300598's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥684.9M).
Long Term Liabilities: 300598's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥10.7M).
Debt to Equity History and Analysis
Debt Level: 300598 has more cash than its total debt.
Reducing Debt: 300598's debt to equity ratio has reduced from 20% to 18.5% over the past 5 years.
Debt Coverage: 300598's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300598's interest payments on its debt are well covered by EBIT.