HeNan Splendor Science & Technology Balance Sheet Health
Financial Health criteria checks 6/6
HeNan Splendor Science & Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.7B and CN¥595.4M respectively. HeNan Splendor Science & Technology's EBIT is CN¥205.9M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥523.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.5x |
| Cash | CN¥523.70m |
| Equity | CN¥2.15b |
| Total liabilities | CN¥595.40m |
| Total assets | CN¥2.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002296's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥516.6M).
Long Term Liabilities: 002296's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥78.8M).
Debt to Equity History and Analysis
Debt Level: 002296 is debt free.
Reducing Debt: 002296 has no debt compared to 5 years ago when its debt to equity ratio was 6.5%.
Debt Coverage: 002296 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002296 has no debt, therefore coverage of interest payments is not a concern.