Shanghai Conant Optical Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Conant Optical has a total shareholder equity of CN¥1.5B and total debt of CN¥209.7M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are CN¥2.2B and CN¥719.5M respectively. Shanghai Conant Optical's EBIT is CN¥428.0M making its interest coverage ratio 58.5. It has cash and short-term investments of CN¥612.7M.
Key information
14.4%
Debt to equity ratio
CN¥209.67m
Debt
| Interest coverage ratio | 58.5x |
| Cash | CN¥612.66m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥719.52m |
| Total assets | CN¥2.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2276's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥612.7M).
Long Term Liabilities: 2276's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥106.8M).
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 (262.4%).
Interest Coverage: 2276's interest payments on its debt are well covered by EBIT (58.5x coverage).