OPT Machine Vision Tech Balance Sheet Health
Financial Health criteria checks 6/6
OPT Machine Vision Tech has a total shareholder equity of CN¥2.9B and total debt of CN¥997.3K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are CN¥3.2B and CN¥226.3M respectively. OPT Machine Vision Tech's EBIT is CN¥163.7M making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥1.6B.
Key information
0.03%
Debt to equity ratio
CN¥997.34k
Debt
Interest coverage ratio | -6.2x |
Cash | CN¥1.57b |
Equity | CN¥2.94b |
Total liabilities | CN¥226.33m |
Total assets | CN¥3.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688686's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥219.6M).
Long Term Liabilities: 688686's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥6.8M).
Debt to Equity History and Analysis
Debt Level: 688686 has more cash than its total debt.
Reducing Debt: 688686's debt to equity ratio has reduced from 2.6% to 0.03% over the past 5 years.
Debt Coverage: 688686's debt is well covered by operating cash flow (20530.5%).
Interest Coverage: 688686 earns more interest than it pays, so coverage of interest payments is not a concern.