Appotronics Balance Sheet Health
Financial Health criteria checks 6/6
Appotronics has a total shareholder equity of CN¥2.8B and total debt of CN¥681.7M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CN¥4.2B and CN¥1.4B respectively. Appotronics's EBIT is CN¥93.1M making its interest coverage ratio -5.1. It has cash and short-term investments of CN¥1.9B.
Key information
24.3%
Debt to equity ratio
CN¥681.72m
Debt
| Interest coverage ratio | -5.1x |
| Cash | CN¥1.85b |
| Equity | CN¥2.80b |
| Total liabilities | CN¥1.36b |
| Total assets | CN¥4.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688007's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥882.9M).
Long Term Liabilities: 688007's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥480.1M).
Debt to Equity History and Analysis
Debt Level: 688007 has more cash than its total debt.
Reducing Debt: 688007's debt to equity ratio has reduced from 67.3% to 24.3% over the past 5 years.
Debt Coverage: 688007's debt is well covered by operating cash flow (60.5%).
Interest Coverage: 688007 earns more interest than it pays, so coverage of interest payments is not a concern.