Suzhou West Deane New Power ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou West Deane New Power ElectricLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.4B and CN¥662.9M respectively. Suzhou West Deane New Power ElectricLtd's EBIT is CN¥228.7M making its interest coverage ratio -31.9. It has cash and short-term investments of CN¥968.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -31.9x |
| Cash | CN¥968.63m |
| Equity | CN¥1.70b |
| Total liabilities | CN¥662.89m |
| Total assets | CN¥2.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603312's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥658.7M).
Long Term Liabilities: 603312's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥4.2M).
Debt to Equity History and Analysis
Debt Level: 603312 is debt free.
Reducing Debt: 603312 had no debt 5 years ago.
Debt Coverage: 603312 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603312 has no debt, therefore coverage of interest payments is not a concern.