Maiyue Technology Balance Sheet Health
Financial Health criteria checks 4/6
Maiyue Technology has a total shareholder equity of CN¥304.0M and total debt of CN¥180.1M, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are CN¥563.5M and CN¥259.5M respectively. Maiyue Technology's EBIT is CN¥31.8M making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥157.6M.
Key information
59.2%
Debt to equity ratio
CN¥180.13m
Debt
| Interest coverage ratio | 3.1x |
| Cash | CN¥157.61m |
| Equity | CN¥304.04m |
| Total liabilities | CN¥259.45m |
| Total assets | CN¥563.49m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2501's short term assets (CN¥483.2M) exceed its short term liabilities (CN¥236.6M).
Long Term Liabilities: 2501's short term assets (CN¥483.2M) exceed its long term liabilities (CN¥22.8M).
Debt to Equity History and Analysis
Debt Level: 2501's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2501's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2501's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2501's interest payments on its debt are well covered by EBIT (3.1x coverage).