CETC Digital TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
CETC Digital TechnologyLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥245.6M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are CN¥10.4B and CN¥5.7B respectively. CETC Digital TechnologyLtd's EBIT is CN¥560.4M making its interest coverage ratio -93.7. It has cash and short-term investments of CN¥1.1B.
Key information
5.3%
Debt to equity ratio
CN¥245.58m
Debt
| Interest coverage ratio | -93.7x |
| Cash | CN¥1.06b |
| Equity | CN¥4.65b |
| Total liabilities | CN¥5.71b |
| Total assets | CN¥10.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600850's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 600850's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥485.1M).
Debt to Equity History and Analysis
Debt Level: 600850 has more cash than its total debt.
Reducing Debt: 600850's debt to equity ratio has increased from 2.1% to 5.3% over the past 5 years.
Debt Coverage: 600850's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600850 earns more interest than it pays, so coverage of interest payments is not a concern.