Runa Smart Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Runa Smart Equipment has a total shareholder equity of CN¥1.7B and total debt of CN¥117.1M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥2.0B and CN¥332.6M respectively. Runa Smart Equipment's EBIT is CN¥9.8M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥478.9M.
Key information
7.1%
Debt to equity ratio
CN¥117.06m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥478.89m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥332.57m |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301129's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥326.1M).
Long Term Liabilities: 301129's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥6.5M).
Debt to Equity History and Analysis
Debt Level: 301129 has more cash than its total debt.
Reducing Debt: 301129's debt to equity ratio has reduced from 19.1% to 7.1% over the past 5 years.
Debt Coverage: 301129's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301129 earns more interest than it pays, so coverage of interest payments is not a concern.