Shenzhen Phoenix Telecom TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Phoenix Telecom TechnologyLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.3B and CN¥572.6M respectively. Shenzhen Phoenix Telecom TechnologyLtd's EBIT is CN¥100.1M making its interest coverage ratio -6.3. It has cash and short-term investments of CN¥1.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.3x |
| Cash | CN¥1.41b |
| Equity | CN¥1.70b |
| Total liabilities | CN¥572.58m |
| Total assets | CN¥2.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301191's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥471.4M).
Long Term Liabilities: 301191's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥101.2M).
Debt to Equity History and Analysis
Debt Level: 301191 is debt free.
Reducing Debt: 301191 has no debt compared to 5 years ago when its debt to equity ratio was 11.3%.
Debt Coverage: 301191 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301191 has no debt, therefore coverage of interest payments is not a concern.