Invengo Information TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Invengo Information TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥780.3M, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are CN¥2.8B and CN¥1.3B respectively.
Key information
49.4%
Debt to equity ratio
CN¥780.32m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥627.07m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥1.26b |
| Total assets | CN¥2.84b |
Financial Position Analysis
Short Term Liabilities: 002161's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥763.7M).
Long Term Liabilities: 002161's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥492.6M).
Debt to Equity History and Analysis
Debt Level: 002161's net debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: 002161's debt to equity ratio has increased from 20.9% to 49.4% over the past 5 years.
Debt Coverage: 002161's debt is not well covered by operating cash flow (3%).
Interest Coverage: Insufficient data to determine if 002161's interest payments on its debt are well covered by EBIT.