Smartgiant Technology Balance Sheet Health
Financial Health criteria checks 5/6
Smartgiant Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥1.3B and CN¥58.5M respectively. Smartgiant Technology's EBIT is CN¥8.4M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥884.9M.
Key information
0.8%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥884.94m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥58.50m |
| Total assets | CN¥1.33b |
Recent financial health updates
No updates
Recent updates
We Think Shareholders Should Be Aware Of Some Factors Beyond Smartgiant Technology's (SHSE:688115) Profit
Nov 03
There's Reason For Concern Over Smartgiant Technology Co., Ltd.'s (SHSE:688115) Massive 46% Price Jump
Sep 30Smartgiant Technology's (SHSE:688115) Shareholders Have More To Worry About Than Only Soft Earnings
May 03Smartgiant Technology Co., Ltd. (SHSE:688115) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 688115's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥57.9M).
Long Term Liabilities: 688115's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥591.9K).
Debt to Equity History and Analysis
Debt Level: 688115 has more cash than its total debt.
Reducing Debt: 688115's debt to equity ratio has reduced from 1% to 0.8% over the past 5 years.
Debt Coverage: 688115's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688115 earns more interest than it pays, so coverage of interest payments is not a concern.