Shenzhen Topband Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Topband has a total shareholder equity of CN¥6.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are CN¥12.3B and CN¥5.7B respectively. Shenzhen Topband's EBIT is CN¥737.3M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥2.3B.
Key information
19.3%
Debt to equity ratio
CN¥1.26b
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥2.33b |
| Equity | CN¥6.55b |
| Total liabilities | CN¥5.71b |
| Total assets | CN¥12.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002139's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 002139's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥439.0M).
Debt to Equity History and Analysis
Debt Level: 002139 has more cash than its total debt.
Reducing Debt: 002139's debt to equity ratio has reduced from 27.1% to 19.3% over the past 5 years.
Debt Coverage: 002139's debt is well covered by operating cash flow (96.1%).
Interest Coverage: 002139 earns more interest than it pays, so coverage of interest payments is not a concern.