Hefei I-TEK OptoElectronics Balance Sheet Health
Financial Health criteria checks 6/6
Hefei I-TEK OptoElectronics has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥72.6M respectively. Hefei I-TEK OptoElectronics's EBIT is CN¥2.5M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥397.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.09x |
| Cash | CN¥397.92m |
| Equity | CN¥1.45b |
| Total liabilities | CN¥72.59m |
| Total assets | CN¥1.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688610's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥65.1M).
Long Term Liabilities: 688610's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥7.5M).
Debt to Equity History and Analysis
Debt Level: 688610 is debt free.
Reducing Debt: 688610 had no debt 5 years ago.
Debt Coverage: 688610 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688610 has no debt, therefore coverage of interest payments is not a concern.