Shanghai Baosight SoftwareLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Baosight SoftwareLtd has a total shareholder equity of CN¥11.9B and total debt of CN¥64.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥21.4B and CN¥9.5B respectively. Shanghai Baosight SoftwareLtd's EBIT is CN¥2.8B making its interest coverage ratio -48.4. It has cash and short-term investments of CN¥5.0B.
Key information
0.5%
Debt to equity ratio
CN¥64.04m
Debt
| Interest coverage ratio | -48.4x |
| Cash | CN¥4.99b |
| Equity | CN¥11.93b |
| Total liabilities | CN¥9.51b |
| Total assets | CN¥21.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600845's short term assets (CN¥16.7B) exceed its short term liabilities (CN¥8.6B).
Long Term Liabilities: 600845's short term assets (CN¥16.7B) exceed its long term liabilities (CN¥956.2M).
Debt to Equity History and Analysis
Debt Level: 600845 has more cash than its total debt.
Reducing Debt: 600845's debt to equity ratio has increased from 0.3% to 0.5% over the past 5 years.
Debt Coverage: 600845's debt is well covered by operating cash flow (4231.3%).
Interest Coverage: 600845 earns more interest than it pays, so coverage of interest payments is not a concern.