Shenzhen Senior Technology Material Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Senior Technology Material has a total shareholder equity of CN¥10.0B and total debt of CN¥8.5B, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are CN¥20.8B and CN¥10.8B respectively. Shenzhen Senior Technology Material's EBIT is CN¥338.8M making its interest coverage ratio 9. It has cash and short-term investments of CN¥4.5B.
Key information
84.8%
Debt to equity ratio
CN¥8.48b
Debt
| Interest coverage ratio | 9x |
| Cash | CN¥4.53b |
| Equity | CN¥10.00b |
| Total liabilities | CN¥10.83b |
| Total assets | CN¥20.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SENIOR's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: SENIOR's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: SENIOR's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: SENIOR's debt to equity ratio has increased from 82.7% to 84.8% over the past 5 years.
Debt Coverage: SENIOR's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: SENIOR's interest payments on its debt are well covered by EBIT (9x coverage).