Zhuhai Raysharp TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhuhai Raysharp TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥111.7M respectively. Zhuhai Raysharp TechnologyLtd's EBIT is CN¥66.3M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥751.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -3.4x |
Cash | CN¥751.86m |
Equity | CN¥1.16b |
Total liabilities | CN¥111.69m |
Total assets | CN¥1.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301042's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥107.4M).
Long Term Liabilities: 301042's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥4.3M).
Debt to Equity History and Analysis
Debt Level: 301042 is debt free.
Reducing Debt: 301042 has no debt compared to 5 years ago when its debt to equity ratio was 21%.
Debt Coverage: 301042 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301042 has no debt, therefore coverage of interest payments is not a concern.