MLOptic Balance Sheet Health
Financial Health criteria checks 5/6
MLOptic has a total shareholder equity of CN¥1.2B and total debt of CN¥115.6M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are CN¥1.4B and CN¥256.9M respectively. MLOptic's EBIT is CN¥28.5M making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥309.9M.
Key information
10.0%
Debt to equity ratio
CN¥115.64m
Debt
| Interest coverage ratio | -4.1x |
| Cash | CN¥309.92m |
| Equity | CN¥1.16b |
| Total liabilities | CN¥256.88m |
| Total assets | CN¥1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688502's short term assets (CN¥661.0M) exceed its short term liabilities (CN¥227.1M).
Long Term Liabilities: 688502's short term assets (CN¥661.0M) exceed its long term liabilities (CN¥29.8M).
Debt to Equity History and Analysis
Debt Level: 688502 has more cash than its total debt.
Reducing Debt: 688502's debt to equity ratio has reduced from 14.2% to 10% over the past 5 years.
Debt Coverage: 688502's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 688502 earns more interest than it pays, so coverage of interest payments is not a concern.