Shenzhen Edadoc TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Edadoc TechnologyLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥67.1M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥2.6B and CN¥359.5M respectively. Shenzhen Edadoc TechnologyLtd's EBIT is CN¥64.2M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥1.2B.
Key information
3.0%
Debt to equity ratio
CN¥67.06m
Debt
| Interest coverage ratio | -3.5x |
| Cash | CN¥1.21b |
| Equity | CN¥2.26b |
| Total liabilities | CN¥359.47m |
| Total assets | CN¥2.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301366's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥347.3M).
Long Term Liabilities: 301366's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥12.1M).
Debt to Equity History and Analysis
Debt Level: 301366 has more cash than its total debt.
Reducing Debt: 301366's debt to equity ratio has reduced from 5.9% to 3% over the past 5 years.
Debt Coverage: 301366's debt is well covered by operating cash flow (219.9%).
Interest Coverage: 301366 earns more interest than it pays, so coverage of interest payments is not a concern.