Uni-Trend Technology (China) Balance Sheet Health
Financial Health criteria checks 6/6
Uni-Trend Technology (China) has a total shareholder equity of CN¥1.2B and total debt of CN¥52.1M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥1.5B and CN¥300.6M respectively. Uni-Trend Technology (China)'s EBIT is CN¥171.6M making its interest coverage ratio -13.9. It has cash and short-term investments of CN¥421.0M.
Key information
4.2%
Debt to equity ratio
CN¥52.06m
Debt
Interest coverage ratio | -13.9x |
Cash | CN¥420.96m |
Equity | CN¥1.24b |
Total liabilities | CN¥300.61m |
Total assets | CN¥1.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688628's short term assets (CN¥850.2M) exceed its short term liabilities (CN¥245.4M).
Long Term Liabilities: 688628's short term assets (CN¥850.2M) exceed its long term liabilities (CN¥55.2M).
Debt to Equity History and Analysis
Debt Level: 688628 has more cash than its total debt.
Reducing Debt: 688628's debt to equity ratio has reduced from 38.1% to 4.2% over the past 5 years.
Debt Coverage: 688628's debt is well covered by operating cash flow (340.3%).
Interest Coverage: 688628 earns more interest than it pays, so coverage of interest payments is not a concern.