Shanghai Allied Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Allied Industrial has a total shareholder equity of CN¥928.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.0B and CN¥87.3M respectively. Shanghai Allied Industrial's EBIT is CN¥15.0M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥477.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥477.30m |
| Equity | CN¥928.49m |
| Total liabilities | CN¥87.34m |
| Total assets | CN¥1.02b |
Recent financial health updates
No updates
Recent updates
Shanghai Allied Industrial's (SZSE:301419) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 04
Shanghai Allied Industrial (SZSE:301419) Has Affirmed Its Dividend Of CN¥0.50
May 28There May Be Some Bright Spots In Shanghai Allied Industrial's (SZSE:301419) Earnings
May 01Shanghai Allied Industrial (SZSE:301419) Might Be Having Difficulty Using Its Capital Effectively
Mar 06Financial Position Analysis
Short Term Liabilities: 301419's short term assets (CN¥652.7M) exceed its short term liabilities (CN¥82.0M).
Long Term Liabilities: 301419's short term assets (CN¥652.7M) exceed its long term liabilities (CN¥5.4M).
Debt to Equity History and Analysis
Debt Level: 301419 is debt free.
Reducing Debt: 301419 has no debt compared to 5 years ago when its debt to equity ratio was 54%.
Debt Coverage: 301419 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301419 has no debt, therefore coverage of interest payments is not a concern.