Rigol Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Rigol Technologies has a total shareholder equity of CN¥3.1B and total debt of CN¥365.4M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are CN¥3.8B and CN¥690.1M respectively. Rigol Technologies's EBIT is CN¥40.6M making its interest coverage ratio 13.2. It has cash and short-term investments of CN¥2.1B.
Key information
11.7%
Debt to equity ratio
CN¥365.42m
Debt
| Interest coverage ratio | 13.2x |
| Cash | CN¥2.15b |
| Equity | CN¥3.13b |
| Total liabilities | CN¥690.06m |
| Total assets | CN¥3.82b |
Recent financial health updates
Recent updates
Is Rigol Technologies (SHSE:688337) Using Too Much Debt?
Dec 17
Rigol Technologies (SHSE:688337) Posted Weak Earnings But There Is More To Worry About
Nov 04Investors Appear Satisfied With Rigol Technologies Co., Ltd.'s (SHSE:688337) Prospects As Shares Rocket 25%
Nov 01Capital Allocation Trends At Rigol Technologies (SHSE:688337) Aren't Ideal
Jun 07Why 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¥2.6B) exceed its short term liabilities (CN¥599.1M).
Long Term Liabilities: 688337's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥91.0M).
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 43.7% to 11.7% over the past 5 years.
Debt Coverage: 688337's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 688337's interest payments on its debt are well covered by EBIT (13.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 09:00 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Rigol Technologies Co., Ltd. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xuelai Li | China International Capital Corporation Limited |
| Xiaobin Shi | China International Capital Corporation Limited |
| Shunhe Jia | China International Capital Corporation Limited |