Shanghai Holystar Information Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Holystar Information Technology has a total shareholder equity of CN¥3.7B and total debt of CN¥132.2M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥4.2B and CN¥527.8M respectively. Shanghai Holystar Information Technology's EBIT is CN¥184.5M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥2.0B.
Key information
3.6%
Debt to equity ratio
CN¥132.21m
Debt
| Interest coverage ratio | -4.9x |
| Cash | CN¥1.96b |
| Equity | CN¥3.70b |
| Total liabilities | CN¥527.83m |
| Total assets | CN¥4.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688330's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥494.4M).
Long Term Liabilities: 688330's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥33.4M).
Debt to Equity History and Analysis
Debt Level: 688330 has more cash than its total debt.
Reducing Debt: 688330's debt to equity ratio has reduced from 17.7% to 3.6% over the past 5 years.
Debt Coverage: 688330's debt is well covered by operating cash flow (283.1%).
Interest Coverage: 688330 earns more interest than it pays, so coverage of interest payments is not a concern.