Shenglan Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenglan Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥399.0M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are CN¥2.1B and CN¥947.1M respectively. Shenglan Technology's EBIT is CN¥85.4M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥454.4M.
Key information
34.4%
Debt to equity ratio
CN¥399.03m
Debt
Interest coverage ratio | -6.8x |
Cash | CN¥454.36m |
Equity | CN¥1.16b |
Total liabilities | CN¥947.13m |
Total assets | CN¥2.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300843's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥619.5M).
Long Term Liabilities: 300843's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥327.7M).
Debt to Equity History and Analysis
Debt Level: 300843 has more cash than its total debt.
Reducing Debt: 300843's debt to equity ratio has increased from 0% to 34.4% over the past 5 years.
Debt Coverage: 300843's debt is well covered by operating cash flow (35.5%).
Interest Coverage: 300843 earns more interest than it pays, so coverage of interest payments is not a concern.