APT Electronics Balance Sheet Health
Financial Health criteria checks 6/6
APT Electronics has a total shareholder equity of CN¥1.0B and total debt of CN¥80.0M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥2.4B and CN¥1.4B respectively. APT Electronics's EBIT is CN¥53.4M making its interest coverage ratio -21.5. It has cash and short-term investments of CN¥397.4M.
Key information
7.8%
Debt to equity ratio
CN¥79.95m
Debt
| Interest coverage ratio | -21.5x |
| Cash | CN¥397.36m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥1.37b |
| Total assets | CN¥2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2551's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 2551's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥73.1M).
Debt to Equity History and Analysis
Debt Level: 2551 has more cash than its total debt.
Reducing Debt: 2551's debt to equity ratio has reduced from 12.3% to 7.8% over the past 5 years.
Debt Coverage: 2551's debt is well covered by operating cash flow (539.7%).
Interest Coverage: 2551 earns more interest than it pays, so coverage of interest payments is not a concern.