Shenzhen Genvict Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Genvict Technologies has a total shareholder equity of CN¥2.1B and total debt of CN¥89.8M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are CN¥2.6B and CN¥522.4M respectively.
Key information
4.2%
Debt to equity ratio
CN¥89.78m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.42b |
| Equity | CN¥2.12b |
| Total liabilities | CN¥522.38m |
| Total assets | CN¥2.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002869's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥433.3M).
Long Term Liabilities: 002869's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥89.1M).
Debt to Equity History and Analysis
Debt Level: 002869 has more cash than its total debt.
Reducing Debt: 002869's debt to equity ratio has increased from 0% to 4.2% over the past 5 years.
Debt Coverage: 002869's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002869's interest payments on its debt are well covered by EBIT.