Xiamen Sinic-Tek Intelligent Technology Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen Sinic-Tek Intelligent Technology has a total shareholder equity of CN¥985.2M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥124.8M respectively. Xiamen Sinic-Tek Intelligent Technology's EBIT is CN¥61.2M making its interest coverage ratio -4.8. It has cash and short-term investments of CN¥684.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.8x |
| Cash | CN¥683.96m |
| Equity | CN¥985.20m |
| Total liabilities | CN¥124.83m |
| Total assets | CN¥1.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301568's short term assets (CN¥962.3M) exceed its short term liabilities (CN¥123.2M).
Long Term Liabilities: 301568's short term assets (CN¥962.3M) exceed its long term liabilities (CN¥1.6M).
Debt to Equity History and Analysis
Debt Level: 301568 is debt free.
Reducing Debt: 301568 had no debt 5 years ago.
Debt Coverage: 301568 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301568 has no debt, therefore coverage of interest payments is not a concern.