RAISECOM TECHNOLOGYLtd Balance Sheet Health
Financial Health criteria checks 5/6
RAISECOM TECHNOLOGYLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥288.3M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are CN¥2.8B and CN¥1.1B respectively.
Key information
16.9%
Debt to equity ratio
CN¥288.26m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥702.99m |
| Equity | CN¥1.71b |
| Total liabilities | CN¥1.12b |
| Total assets | CN¥2.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603803's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603803's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥59.0M).
Debt to Equity History and Analysis
Debt Level: 603803 has more cash than its total debt.
Reducing Debt: 603803's debt to equity ratio has reduced from 25.6% to 16.9% over the past 5 years.
Debt Coverage: 603803's debt is well covered by operating cash flow (121.6%).
Interest Coverage: Insufficient data to determine if 603803's interest payments on its debt are well covered by EBIT.