Sharetronic Data Technology Balance Sheet Health
Financial Health criteria checks 4/6
Sharetronic Data Technology has a total shareholder equity of CN¥3.1B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are CN¥6.5B and CN¥3.5B respectively. Sharetronic Data Technology's EBIT is CN¥752.6M making its interest coverage ratio 50. It has cash and short-term investments of CN¥1.6B.
Key information
49.5%
Debt to equity ratio
CN¥1.51b
Debt
| Interest coverage ratio | 50x |
| Cash | CN¥1.64b |
| Equity | CN¥3.06b |
| Total liabilities | CN¥3.46b |
| Total assets | CN¥6.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300857's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 300857's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥268.4M).
Debt to Equity History and Analysis
Debt Level: 300857 has more cash than its total debt.
Reducing Debt: 300857's debt to equity ratio has increased from 22.3% to 49.5% over the past 5 years.
Debt Coverage: 300857's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300857's interest payments on its debt are well covered by EBIT (50x coverage).