Maxvision Technology Balance Sheet Health
Financial Health criteria checks 6/6
Maxvision Technology has a total shareholder equity of CN¥2.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.3B and CN¥1.0B respectively. Maxvision Technology's EBIT is CN¥113.3M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥991.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥991.87m |
| Equity | CN¥2.34b |
| Total liabilities | CN¥1.00b |
| Total assets | CN¥3.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002990's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥937.1M).
Long Term Liabilities: 002990's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥66.3M).
Debt to Equity History and Analysis
Debt Level: 002990 is debt free.
Reducing Debt: 002990 has no debt compared to 5 years ago when its debt to equity ratio was 7.4%.
Debt Coverage: 002990 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002990 has no debt, therefore coverage of interest payments is not a concern.