IReader Technology Balance Sheet Health
Financial Health criteria checks 4/6
IReader Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥3.8M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥3.2B and CN¥674.8M respectively.
Key information
0.2%
Debt to equity ratio
CN¥3.83m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.95b |
| Equity | CN¥2.51b |
| Total liabilities | CN¥674.82m |
| Total assets | CN¥3.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603533's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥612.3M).
Long Term Liabilities: 603533's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥62.5M).
Debt to Equity History and Analysis
Debt Level: 603533 has more cash than its total debt.
Reducing Debt: 603533's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 603533's debt is well covered by operating cash flow (2183.8%).
Interest Coverage: Insufficient data to determine if 603533's interest payments on its debt are well covered by EBIT.