Shenzhen Longtech Smart Control Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Longtech Smart Control has a total shareholder equity of CN¥1.3B and total debt of CN¥140.1M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥1.9B and CN¥608.8M respectively. Shenzhen Longtech Smart Control's EBIT is CN¥100.5M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥1.1B.
Key information
11.0%
Debt to equity ratio
CN¥140.11m
Debt
Interest coverage ratio | -4.5x |
Cash | CN¥1.09b |
Equity | CN¥1.27b |
Total liabilities | CN¥608.84m |
Total assets | CN¥1.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300916's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥591.1M).
Long Term Liabilities: 300916's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥17.7M).
Debt to Equity History and Analysis
Debt Level: 300916 has more cash than its total debt.
Reducing Debt: 300916's debt to equity ratio has increased from 1.8% to 11% over the past 5 years.
Debt Coverage: 300916's debt is well covered by operating cash flow (173.8%).
Interest Coverage: 300916 earns more interest than it pays, so coverage of interest payments is not a concern.