Cubic Sensor and InstrumentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Cubic Sensor and InstrumentLtd has a total shareholder equity of CN¥995.1M and total debt of CN¥43.3M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥1.2B and CN¥251.8M respectively. Cubic Sensor and InstrumentLtd's EBIT is CN¥109.5M making its interest coverage ratio -10.3. It has cash and short-term investments of CN¥192.6M.
Key information
4.4%
Debt to equity ratio
CN¥43.31m
Debt
Interest coverage ratio | -10.3x |
Cash | CN¥192.61m |
Equity | CN¥995.09m |
Total liabilities | CN¥251.78m |
Total assets | CN¥1.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688665's short term assets (CN¥756.1M) exceed its short term liabilities (CN¥236.0M).
Long Term Liabilities: 688665's short term assets (CN¥756.1M) exceed its long term liabilities (CN¥15.8M).
Debt to Equity History and Analysis
Debt Level: 688665 has more cash than its total debt.
Reducing Debt: 688665's debt to equity ratio has reduced from 21.6% to 4.4% over the past 5 years.
Debt Coverage: 688665's debt is well covered by operating cash flow (35.5%).
Interest Coverage: 688665 earns more interest than it pays, so coverage of interest payments is not a concern.