Appotronics Balance Sheet Health
Financial Health criteria checks 6/6
Appotronics has a total shareholder equity of CN¥2.7B and total debt of CN¥679.0M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are CN¥4.3B and CN¥1.6B respectively. Appotronics's EBIT is CN¥13.0M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥1.8B.
Key information
25.0%
Debt to equity ratio
CN¥678.98m
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥1.84b |
| Equity | CN¥2.71b |
| Total liabilities | CN¥1.57b |
| Total assets | CN¥4.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688007's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 688007's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥392.9M).
Debt to Equity History and Analysis
Debt Level: 688007 has more cash than its total debt.
Reducing Debt: 688007's debt to equity ratio has reduced from 61.5% to 25% over the past 5 years.
Debt Coverage: 688007's debt is well covered by operating cash flow (25.1%).
Interest Coverage: 688007 earns more interest than it pays, so coverage of interest payments is not a concern.