Camelot Electronics TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Camelot Electronics TechnologyLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥136.0M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are CN¥2.8B and CN¥1.1B respectively. Camelot Electronics TechnologyLtd's EBIT is CN¥48.5M making its interest coverage ratio -4.2. It has cash and short-term investments of CN¥613.8M.
Key information
8.1%
Debt to equity ratio
CN¥136.03m
Debt
| Interest coverage ratio | -4.2x |
| Cash | CN¥613.80m |
| Equity | CN¥1.67b |
| Total liabilities | CN¥1.12b |
| Total assets | CN¥2.79b |
Recent financial health updates
Recent updates
Is Camelot Electronics TechnologyLtd (SZSE:301282) Using Too Much Debt?
Oct 23
Camelot Electronics TechnologyLtd (SZSE:301282) Could Be Struggling To Allocate Capital
Sep 25Camelot Electronics Technology Co.,Ltd. (SZSE:301282) Held Back By Insufficient Growth Even After Shares Climb 25%
Jun 12Camelot Electronics Technology Co.,Ltd. (SZSE:301282) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Apr 16Camelot Electronics TechnologyLtd's (SZSE:301282) Soft Earnings Are Actually Better Than They Appear
Apr 05Financial Position Analysis
Short Term Liabilities: 301282's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 301282's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥93.3M).
Debt to Equity History and Analysis
Debt Level: 301282 has more cash than its total debt.
Reducing Debt: 301282's debt to equity ratio has reduced from 35.8% to 8.1% over the past 5 years.
Debt Coverage: 301282's debt is well covered by operating cash flow (53%).
Interest Coverage: 301282 earns more interest than it pays, so coverage of interest payments is not a concern.