Shenzhen SEICHI Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen SEICHI Technologies has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.9B and CN¥241.3M respectively. Shenzhen SEICHI Technologies's EBIT is CN¥72.8M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥1.0B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -2.9x |
Cash | CN¥1.04b |
Equity | CN¥1.71b |
Total liabilities | CN¥241.28m |
Total assets | CN¥1.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688627's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥231.7M).
Long Term Liabilities: 688627's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥9.6M).
Debt to Equity History and Analysis
Debt Level: 688627 is debt free.
Reducing Debt: 688627 has no debt compared to 5 years ago when its debt to equity ratio was 6.8%.
Debt Coverage: 688627 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688627 has no debt, therefore coverage of interest payments is not a concern.