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¥965.6M 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¥101.2M respectively. Xiamen Sinic-Tek Intelligent Technology's EBIT is CN¥71.2M making its interest coverage ratio -7. It has cash and short-term investments of CN¥657.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7x |
| Cash | CN¥657.20m |
| Equity | CN¥965.59m |
| Total liabilities | CN¥101.22m |
| Total assets | CN¥1.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301568's short term assets (CN¥918.9M) exceed its short term liabilities (CN¥99.4M).
Long Term Liabilities: 301568's short term assets (CN¥918.9M) exceed its long term liabilities (CN¥1.8M).
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.