Comtec Solar Systems Group Balance Sheet Health
Financial Health criteria checks 0/6
Comtec Solar Systems Group has a total shareholder equity of CN¥-134.4M and total debt of CN¥70.8M, which brings its debt-to-equity ratio to -52.7%. Its total assets and total liabilities are CN¥207.0M and CN¥341.5M respectively.
Key information
-52.7%
Debt to equity ratio
CN¥70.79m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥82.58m |
| Equity | -CN¥134.44m |
| Total liabilities | CN¥341.48m |
| Total assets | CN¥207.04m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 712 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 712 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 712 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 712's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 712's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 712's interest payments on its debt are well covered by EBIT.