Shenzhen iN-Cube Automation Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen iN-Cube Automation 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¥1.4B and CN¥240.7M respectively. Shenzhen iN-Cube Automation's EBIT is CN¥32.5M making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥930.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 6.1x |
| Cash | CN¥930.82m |
| Equity | CN¥1.18b |
| Total liabilities | CN¥240.67m |
| Total assets | CN¥1.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301312's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥239.6M).
Long Term Liabilities: 301312's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥1.1M).
Debt to Equity History and Analysis
Debt Level: 301312 is debt free.
Reducing Debt: 301312 has no debt compared to 5 years ago when its debt to equity ratio was 9.5%.
Debt Coverage: 301312 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301312 has no debt, therefore coverage of interest payments is not a concern.