AVCON Information Technology Balance Sheet Health
Financial Health criteria checks 4/6
AVCON Information Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥161.1M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥1.6B and CN¥547.0M respectively.
Key information
15.1%
Debt to equity ratio
CN¥161.07m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥212.07m |
| Equity | CN¥1.06b |
| Total liabilities | CN¥546.99m |
| Total assets | CN¥1.61b |
Recent financial health updates
No updates
Recent updates
What AVCON Information Technology Co., Ltd.'s (SZSE:300074) 48% Share Price Gain Is Not Telling You
Oct 08
Revenues Not Telling The Story For AVCON Information Technology Co., Ltd. (SZSE:300074)
Aug 19There's Been No Shortage Of Growth Recently For AVCON Information Technology's (SZSE:300074) Returns On Capital
May 24What AVCON Information Technology Co., Ltd.'s (SZSE:300074) 27% Share Price Gain Is Not Telling You
Mar 06Financial Position Analysis
Short Term Liabilities: 300074's short term assets (CN¥906.4M) exceed its short term liabilities (CN¥384.6M).
Long Term Liabilities: 300074's short term assets (CN¥906.4M) exceed its long term liabilities (CN¥162.4M).
Debt to Equity History and Analysis
Debt Level: 300074 has more cash than its total debt.
Reducing Debt: 300074's debt to equity ratio has increased from 0% to 15.1% over the past 5 years.
Debt Coverage: 300074's debt is well covered by operating cash flow (56.4%).
Interest Coverage: Insufficient data to determine if 300074's interest payments on its debt are well covered by EBIT.