Acotec Scientific Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Acotec Scientific Holdings has a total shareholder equity of CN¥1.3B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥1.6B and CN¥314.5M respectively. Acotec Scientific Holdings's EBIT is CN¥11.5M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥879.2M.
Key information
0.8%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥879.21m |
| Equity | CN¥1.30b |
| Total liabilities | CN¥314.53m |
| Total assets | CN¥1.61b |
Recent financial health updates
Recent updates
An Intrinsic Calculation For Acotec Scientific Holdings Limited (HKG:6669) Suggests It's 46% Undervalued
Mar 21
We Think Acotec Scientific Holdings (HKG:6669) Can Easily Afford To Drive Business Growth
Nov 17Acotec Scientific Holdings Limited's (HKG:6669) Intrinsic Value Is Potentially 42% Above Its Share Price
Oct 20Acotec Scientific Holdings (HKG:6669) Has More To Do To Multiply In Value Going Forward
Sep 24An Intrinsic Calculation For Acotec Scientific Holdings Limited (HKG:6669) Suggests It's 49% Undervalued
Jul 01Financial Position Analysis
Short Term Liabilities: 6669's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥116.2M).
Long Term Liabilities: 6669's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥198.3M).
Debt to Equity History and Analysis
Debt Level: 6669 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6669's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6669's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6669 earns more interest than it pays, so coverage of interest payments is not a concern.