MLOptic Balance Sheet Health
Financial Health criteria checks 6/6
MLOptic has a total shareholder equity of CN¥1.2B and total debt of CN¥67.0M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥1.4B and CN¥183.8M respectively. MLOptic's EBIT is CN¥21.3M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥508.5M.
Key information
5.6%
Debt to equity ratio
CN¥67.01m
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥508.52m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥183.77m |
| Total assets | CN¥1.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688502's short term assets (CN¥805.1M) exceed its short term liabilities (CN¥168.2M).
Long Term Liabilities: 688502's short term assets (CN¥805.1M) exceed its long term liabilities (CN¥15.6M).
Debt to Equity History and Analysis
Debt Level: 688502 has more cash than its total debt.
Reducing Debt: 688502's debt to equity ratio has reduced from 20.6% to 5.6% over the past 5 years.
Debt Coverage: 688502's debt is well covered by operating cash flow (68.9%).
Interest Coverage: 688502 earns more interest than it pays, so coverage of interest payments is not a concern.