Siglent TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 5/6
Siglent TechnologiesLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥11.3M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.7B and CN¥127.9M respectively. Siglent TechnologiesLtd's EBIT is CN¥127.8M making its interest coverage ratio -86.9. It has cash and short-term investments of CN¥1.3B.
Key information
0.7%
Debt to equity ratio
CN¥11.26m
Debt
Interest coverage ratio | -86.9x |
Cash | CN¥1.32b |
Equity | CN¥1.59b |
Total liabilities | CN¥127.85m |
Total assets | CN¥1.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688112's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥97.5M).
Long Term Liabilities: 688112's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥30.4M).
Debt to Equity History and Analysis
Debt Level: 688112 has more cash than its total debt.
Reducing Debt: 688112's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 688112's debt is well covered by operating cash flow (1227%).
Interest Coverage: 688112 earns more interest than it pays, so coverage of interest payments is not a concern.