Shanghai Holystar Information Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Holystar Information Technology has a total shareholder equity of CN¥3.7B and total debt of CN¥46.9M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥4.1B and CN¥455.3M respectively. Shanghai Holystar Information Technology's EBIT is CN¥151.7M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥1.8B.
Key information
1.3%
Debt to equity ratio
CN¥46.90m
Debt
| Interest coverage ratio | -3.8x |
| Cash | CN¥1.75b |
| Equity | CN¥3.65b |
| Total liabilities | CN¥455.32m |
| Total assets | CN¥4.11b |
Recent financial health updates
No updates
Recent updates
Shanghai Holystar Information Technology's (SHSE:688330) Returns On Capital Not Reflecting Well On The Business
Jun 07
Investors Can Find Comfort In Shanghai Holystar Information Technology's (SHSE:688330) Earnings Quality
May 02Improved Earnings Required Before Shanghai Holystar Information Technology Co., Ltd. (SHSE:688330) Stock's 29% Jump Looks Justified
Mar 06Financial Position Analysis
Short Term Liabilities: 688330's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥419.2M).
Long Term Liabilities: 688330's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥36.1M).
Debt to Equity History and Analysis
Debt Level: 688330 has more cash than its total debt.
Reducing Debt: 688330's debt to equity ratio has reduced from 15.6% to 1.3% over the past 5 years.
Debt Coverage: 688330's debt is well covered by operating cash flow (422.8%).
Interest Coverage: 688330 earns more interest than it pays, so coverage of interest payments is not a concern.