Shanghai Conant Optical Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Conant Optical has a total shareholder equity of CN¥1.4B and total debt of CN¥205.2M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are CN¥2.0B and CN¥589.4M respectively. Shanghai Conant Optical's EBIT is CN¥363.0M making its interest coverage ratio 36.1. It has cash and short-term investments of CN¥551.5M.
Key information
14.7%
Debt to equity ratio
CN¥205.25m
Debt
| Interest coverage ratio | 36.1x |
| Cash | CN¥551.52m |
| Equity | CN¥1.39b |
| Total liabilities | CN¥589.41m |
| Total assets | CN¥1.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2276's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥431.7M).
Long Term Liabilities: 2276's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥157.7M).
Debt to Equity History and Analysis
Debt Level: 2276 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2276's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2276's debt is well covered by operating cash flow (234.2%).
Interest Coverage: 2276's interest payments on its debt are well covered by EBIT (36.1x coverage).