Guangdong AVCiT Technology Holding Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong AVCiT Technology Holding has a total shareholder equity of CN¥987.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.0B and CN¥50.7M respectively. Guangdong AVCiT Technology Holding's EBIT is CN¥73.5M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥606.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -4.6x |
Cash | CN¥605.98m |
Equity | CN¥987.11m |
Total liabilities | CN¥50.74m |
Total assets | CN¥1.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001229's short term assets (CN¥719.1M) exceed its short term liabilities (CN¥48.6M).
Long Term Liabilities: 001229's short term assets (CN¥719.1M) exceed its long term liabilities (CN¥2.1M).
Debt to Equity History and Analysis
Debt Level: 001229 is debt free.
Reducing Debt: 001229 had no debt 5 years ago.
Debt Coverage: 001229 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 001229 has no debt, therefore coverage of interest payments is not a concern.