Maiyue Technology Balance Sheet Health
Financial Health criteria checks 4/6
Maiyue Technology has a total shareholder equity of CN¥318.7M and total debt of CN¥183.1M, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are CN¥600.1M and CN¥281.4M respectively. Maiyue Technology's EBIT is CN¥34.3M making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥168.1M.
Key information
57.5%
Debt to equity ratio
CN¥183.14m
Debt
Interest coverage ratio | 3.9x |
Cash | CN¥168.10m |
Equity | CN¥318.71m |
Total liabilities | CN¥281.42m |
Total assets | CN¥600.13m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2501's short term assets (CN¥523.2M) exceed its short term liabilities (CN¥230.8M).
Long Term Liabilities: 2501's short term assets (CN¥523.2M) exceed its long term liabilities (CN¥50.6M).
Debt to Equity History and Analysis
Debt Level: 2501's net debt to equity ratio (4.7%) 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 (3.9x coverage).