Shenzhen Rapoo Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Rapoo Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥1.3M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.3B and CN¥88.8M respectively. Shenzhen Rapoo Technology's EBIT is CN¥3.3M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥599.0M.
Key information
0.1%
Debt to equity ratio
CN¥1.29m
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥598.99m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥88.83m |
| Total assets | CN¥1.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002577's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥73.8M).
Long Term Liabilities: 002577's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥15.0M).
Debt to Equity History and Analysis
Debt Level: 002577 has more cash than its total debt.
Reducing Debt: 002577's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 002577's debt is well covered by operating cash flow (2483.9%).
Interest Coverage: 002577 earns more interest than it pays, so coverage of interest payments is not a concern.