SUPCON Technology Balance Sheet Health
Financial Health criteria checks 6/6
SUPCON Technology has a total shareholder equity of CN¥10.0B and total debt of CN¥208.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are CN¥17.5B and CN¥7.5B respectively. SUPCON Technology's EBIT is CN¥750.4M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥6.5B.
Key information
2.1%
Debt to equity ratio
CN¥207.98m
Debt
Interest coverage ratio | -2.3x |
Cash | CN¥6.48b |
Equity | CN¥10.02b |
Total liabilities | CN¥7.47b |
Total assets | CN¥17.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUPCON's short term assets (CN¥15.0B) exceed its short term liabilities (CN¥7.4B).
Long Term Liabilities: SUPCON's short term assets (CN¥15.0B) exceed its long term liabilities (CN¥105.0M).
Debt to Equity History and Analysis
Debt Level: SUPCON has more cash than its total debt.
Reducing Debt: SUPCON's debt to equity ratio has reduced from 6.6% to 2.1% over the past 5 years.
Debt Coverage: SUPCON's debt is well covered by operating cash flow (114.4%).
Interest Coverage: SUPCON earns more interest than it pays, so coverage of interest payments is not a concern.