Universal Scientific Industrial (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Universal Scientific Industrial (Shanghai) has a total shareholder equity of CN¥17.6B and total debt of CN¥7.5B, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are CN¥40.7B and CN¥23.1B respectively. Universal Scientific Industrial (Shanghai)'s EBIT is CN¥1.9B making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥10.8B.
Key information
42.8%
Debt to equity ratio
CN¥7.54b
Debt
| Interest coverage ratio | -9.4x |
| Cash | CN¥10.77b |
| Equity | CN¥17.63b |
| Total liabilities | CN¥23.09b |
| Total assets | CN¥40.73b |
Recent financial health updates
Here's Why Universal Scientific Industrial (Shanghai) (SHSE:601231) Can Manage Its Debt Responsibly
Oct 23
Does Universal Scientific Industrial (Shanghai) (SHSE:601231) Have A Healthy Balance Sheet?
Jul 16Recent updates
Here's Why Universal Scientific Industrial (Shanghai) (SHSE:601231) Can Manage Its Debt Responsibly
Oct 23Is There An Opportunity With Universal Scientific Industrial (Shanghai) Co., Ltd.'s (SHSE:601231) 48% Undervaluation?
Sep 17Universal Scientific Industrial (Shanghai) Co., Ltd. (SHSE:601231) Looks Inexpensive But Perhaps Not Attractive Enough
Aug 19Results: Universal Scientific Industrial (Shanghai) Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 28Does Universal Scientific Industrial (Shanghai) (SHSE:601231) Have A Healthy Balance Sheet?
Jul 16Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Dividend Is Being Reduced To CN¥0.27
Jun 02Returns On Capital Signal Tricky Times Ahead For Universal Scientific Industrial (Shanghai) (SHSE:601231)
May 21Some Investors May Be Willing To Look Past Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Soft Earnings
Apr 08Earnings Miss: Universal Scientific Industrial (Shanghai) Co., Ltd. Missed EPS By 7.3% And Analysts Are Revising Their Forecasts
Apr 04Universal Scientific Industrial (Shanghai) Co., Ltd. (SHSE:601231) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Mar 04Financial Position Analysis
Short Term Liabilities: 601231's short term assets (CN¥32.4B) exceed its short term liabilities (CN¥18.7B).
Long Term Liabilities: 601231's short term assets (CN¥32.4B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 601231 has more cash than its total debt.
Reducing Debt: 601231's debt to equity ratio has increased from 24.5% to 42.8% over the past 5 years.
Debt Coverage: 601231's debt is well covered by operating cash flow (62.1%).
Interest Coverage: 601231 earns more interest than it pays, so coverage of interest payments is not a concern.