Optowide Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Optowide Technologies has a total shareholder equity of CN¥926.3M and total debt of CN¥135.6M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥1.2B and CN¥278.7M respectively. Optowide Technologies's EBIT is CN¥36.8M making its interest coverage ratio -15.2. It has cash and short-term investments of CN¥254.7M.
Key information
14.6%
Debt to equity ratio
CN¥135.58m
Debt
| Interest coverage ratio | -15.2x |
| Cash | CN¥254.66m |
| Equity | CN¥926.26m |
| Total liabilities | CN¥278.75m |
| Total assets | CN¥1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688195's short term assets (CN¥586.0M) exceed its short term liabilities (CN¥233.3M).
Long Term Liabilities: 688195's short term assets (CN¥586.0M) exceed its long term liabilities (CN¥45.5M).
Debt to Equity History and Analysis
Debt Level: 688195 has more cash than its total debt.
Reducing Debt: 688195's debt to equity ratio has increased from 4.5% to 14.6% over the past 5 years.
Debt Coverage: 688195's debt is well covered by operating cash flow (35.6%).
Interest Coverage: 688195 earns more interest than it pays, so coverage of interest payments is not a concern.