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¥40.0M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥1.8B and CN¥484.3M respectively. Shenzhen Longtech Smart Control's EBIT is CN¥132.2M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥1.0B.
Key information
3.1%
Debt to equity ratio
CN¥40.03m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥1.02b |
| Equity | CN¥1.29b |
| Total liabilities | CN¥484.35m |
| Total assets | CN¥1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300916's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥470.2M).
Long Term Liabilities: 300916's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥14.2M).
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 0.5% to 3.1% over the past 5 years.
Debt Coverage: 300916's debt is well covered by operating cash flow (641.9%).
Interest Coverage: 300916 earns more interest than it pays, so coverage of interest payments is not a concern.