Olympic Circuit Technology Balance Sheet Health
Financial Health criteria checks 5/6
Olympic Circuit Technology has a total shareholder equity of CN¥5.3B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are CN¥8.2B and CN¥2.9B respectively. Olympic Circuit Technology's EBIT is CN¥661.3M making its interest coverage ratio -73.7. It has cash and short-term investments of CN¥3.8B.
Key information
22.9%
Debt to equity ratio
CN¥1.21b
Debt
| Interest coverage ratio | -73.7x |
| Cash | CN¥3.78b |
| Equity | CN¥5.30b |
| Total liabilities | CN¥2.87b |
| Total assets | CN¥8.18b |
Recent financial health updates
Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?
Sep 16
Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?
Mar 17Recent updates
Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?
Sep 16Is Olympic Circuit Technology Co., Ltd (SHSE:603920) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 25Olympic Circuit Technology (SHSE:603920) Might Be Having Difficulty Using Its Capital Effectively
Jun 26Why Investors Shouldn't Be Surprised By Olympic Circuit Technology Co., Ltd's (SHSE:603920) Low P/E
Jun 07The Strong Earnings Posted By Olympic Circuit Technology (SHSE:603920) Are A Good Indication Of The Strength Of The Business
Apr 25Here's Why We Think Olympic Circuit Technology (SHSE:603920) Is Well Worth Watching
Apr 05Is Olympic Circuit Technology (SHSE:603920) Using Too Much Debt?
Mar 17Olympic Circuit Technology Co., Ltd (SHSE:603920) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 01Financial Position Analysis
Short Term Liabilities: 603920's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603920's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 603920 has more cash than its total debt.
Reducing Debt: 603920's debt to equity ratio has increased from 9.4% to 22.9% over the past 5 years.
Debt Coverage: 603920's debt is well covered by operating cash flow (92.5%).
Interest Coverage: 603920 earns more interest than it pays, so coverage of interest payments is not a concern.