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¥390.2M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are CN¥2.1B and CN¥947.1M respectively. Shenglan Technology's EBIT is CN¥54.6M making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥454.4M.
Key information
33.6%
Debt to equity ratio
CN¥390.24m
Debt
Interest coverage ratio | -9.4x |
Cash | CN¥454.36m |
Equity | CN¥1.16b |
Total liabilities | CN¥947.13m |
Total assets | CN¥2.11b |
Recent financial health updates
Recent updates
Is Shenglan Technology (SZSE:300843) Using Too Much Debt?
Jul 24Some Investors May Be Worried About Shenglan Technology's (SZSE:300843) Returns On Capital
Jun 26Shenglan Technology Co., Ltd.'s (SZSE:300843) 90% Price Boost Is Out Of Tune With Earnings
May 21Shareholders Will Be Pleased With The Quality of Shenglan Technology's (SZSE:300843) Earnings
May 02Investors Could Be Concerned With Shenglan Technology's (SZSE:300843) Returns On Capital
Mar 26Shenglan Technology Co., Ltd.'s (SZSE:300843) Business Is Yet to Catch Up With Its Share Price
Feb 27Financial 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 33.6% over the past 5 years.
Debt Coverage: 300843's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 300843 earns more interest than it pays, so coverage of interest payments is not a concern.