Chengdu Spaceon Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Chengduceon Electronics has a total shareholder equity of CN¥1.6B and total debt of CN¥1.5M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are CN¥2.6B and CN¥1.0B respectively. Chengduceon Electronics's EBIT is CN¥104.8M making its interest coverage ratio -21.8. It has cash and short-term investments of CN¥455.8M.
Key information
0.09%
Debt to equity ratio
CN¥1.46m
Debt
Interest coverage ratio | -21.8x |
Cash | CN¥455.78m |
Equity | CN¥1.55b |
Total liabilities | CN¥1.02b |
Total assets | CN¥2.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002935's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥955.9M).
Long Term Liabilities: 002935's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥59.7M).
Debt to Equity History and Analysis
Debt Level: 002935 has more cash than its total debt.
Reducing Debt: 002935's debt to equity ratio has increased from 0% to 0.09% over the past 5 years.
Debt Coverage: 002935's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002935 earns more interest than it pays, so coverage of interest payments is not a concern.