Shenzhen Edadoc TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Edadoc TechnologyLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥113.6M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥2.7B and CN¥455.6M respectively. Shenzhen Edadoc TechnologyLtd's EBIT is CN¥78.2M making its interest coverage ratio -5.4. It has cash and short-term investments of CN¥1.1B.
Key information
5.1%
Debt to equity ratio
CN¥113.57m
Debt
| Interest coverage ratio | -5.4x |
| Cash | CN¥1.09b |
| Equity | CN¥2.25b |
| Total liabilities | CN¥455.65m |
| Total assets | CN¥2.70b |
Recent financial health updates
Recent updates
Shenzhen Edadoc TechnologyLtd's (SZSE:301366) Anemic Earnings Might Be Worse Than You Think
Nov 06
The Returns On Capital At Shenzhen Edadoc TechnologyLtd (SZSE:301366) Don't Inspire Confidence
Aug 28Shenzhen Edadoc TechnologyLtd (SZSE:301366) Has A Pretty Healthy Balance Sheet
Jul 31Why Shenzhen Edadoc TechnologyLtd's (SZSE:301366) Shaky Earnings Are Just The Beginning Of Its Problems
May 02Shenzhen Edadoc TechnologyLtd (SZSE:301366) Is Reinvesting At Lower Rates Of Return
Apr 04Financial Position Analysis
Short Term Liabilities: 301366's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥332.9M).
Long Term Liabilities: 301366's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥122.7M).
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 5.1% to 5.1% over the past 5 years.
Debt Coverage: 301366's debt is well covered by operating cash flow (122.8%).
Interest Coverage: 301366 earns more interest than it pays, so coverage of interest payments is not a concern.