Guangdong Tecsun Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Tecsun Science & TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥5.6M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥1.5B and CN¥301.0M respectively. Guangdong Tecsun Science & TechnologyLtd's EBIT is CN¥35.2M making its interest coverage ratio -9. It has cash and short-term investments of CN¥326.5M.
Key information
0.5%
Debt to equity ratio
CN¥5.60m
Debt
| Interest coverage ratio | -9x |
| Cash | CN¥326.55m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥301.03m |
| Total assets | CN¥1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002908's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥291.7M).
Long Term Liabilities: 002908's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥9.3M).
Debt to Equity History and Analysis
Debt Level: 002908 has more cash than its total debt.
Reducing Debt: 002908's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 002908's debt is well covered by operating cash flow (5039.2%).
Interest Coverage: 002908 earns more interest than it pays, so coverage of interest payments is not a concern.