Electric Connector Technology Balance Sheet Health
Financial Health criteria checks 5/6
Electric Connector Technology has a total shareholder equity of CN¥4.9B and total debt of CN¥107.1M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥6.5B and CN¥1.6B respectively. Electric Connector Technology's EBIT is CN¥411.3M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥1.4B.
Key information
2.2%
Debt to equity ratio
CN¥107.08m
Debt
Interest coverage ratio | -4.7x |
Cash | CN¥1.43b |
Equity | CN¥4.86b |
Total liabilities | CN¥1.64b |
Total assets | CN¥6.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300679's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300679's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥154.9M).
Debt to Equity History and Analysis
Debt Level: 300679 has more cash than its total debt.
Reducing Debt: 300679's debt to equity ratio has increased from 0% to 2.2% over the past 5 years.
Debt Coverage: 300679's debt is well covered by operating cash flow (301.6%).
Interest Coverage: 300679 earns more interest than it pays, so coverage of interest payments is not a concern.