Broadex Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Broadex Technologies has a total shareholder equity of CN¥2.2B and total debt of CN¥513.0M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥3.3B and CN¥1.1B respectively. Broadex Technologies's EBIT is CN¥27.5M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥1.4B.
Key information
23.3%
Debt to equity ratio
CN¥512.96m
Debt
Interest coverage ratio | 0.6x |
Cash | CN¥1.37b |
Equity | CN¥2.21b |
Total liabilities | CN¥1.14b |
Total assets | CN¥3.35b |
Recent financial health updates
Recent updates
Broadex Technologies (SZSE:300548) Has Debt But No Earnings; Should You Worry?
Jun 26Broadex Technologies Co., Ltd.'s (SZSE:300548) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 18There Might Be More To Broadex Technologies' (SZSE:300548) Story Than Just Weak Earnings
Mar 31There's Reason For Concern Over Broadex Technologies Co., Ltd.'s (SZSE:300548) Massive 33% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 300548's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥615.6M).
Long Term Liabilities: 300548's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥527.7M).
Debt to Equity History and Analysis
Debt Level: 300548 has more cash than its total debt.
Reducing Debt: 300548's debt to equity ratio has increased from 0% to 23.3% over the past 5 years.
Debt Coverage: 300548's debt is well covered by operating cash flow (20.8%).
Interest Coverage: 300548's interest payments on its debt are not well covered by EBIT (0.6x coverage).