Rigol Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Rigol Technologies has a total shareholder equity of CN¥2.9B and total debt of CN¥257.2M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are CN¥3.4B and CN¥489.2M respectively. Rigol Technologies's EBIT is CN¥34.4M making its interest coverage ratio -4. It has cash and short-term investments of CN¥2.0B.
Key information
8.8%
Debt to equity ratio
CN¥257.15m
Debt
Interest coverage ratio | -4x |
Cash | CN¥2.03b |
Equity | CN¥2.92b |
Total liabilities | CN¥489.19m |
Total assets | CN¥3.41b |
Recent financial health updates
No updates
Recent updates
Why We're Not Concerned Yet About Rigol Technologies Co., Ltd.'s (SHSE:688337) 26% Share Price Plunge
Apr 19Calculating The Intrinsic Value Of Rigol Technologies Co., Ltd. (SHSE:688337)
Apr 18Shareholders In Rigol Technologies (SHSE:688337) Should Look Beyond Earnings For The Full Story
Mar 27Rigol Technologies Co., Ltd. (SHSE:688337) Looks Just Right With A 28% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 688337's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥422.3M).
Long Term Liabilities: 688337's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥66.9M).
Debt to Equity History and Analysis
Debt Level: 688337 has more cash than its total debt.
Reducing Debt: 688337's debt to equity ratio has reduced from 53.5% to 8.8% over the past 5 years.
Debt Coverage: 688337's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688337 earns more interest than it pays, so coverage of interest payments is not a concern.