Suzhou West Deane New Power ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou West Deane New Power ElectricLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥52.5M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥2.5B and CN¥865.6M respectively. Suzhou West Deane New Power ElectricLtd's EBIT is CN¥228.1M making its interest coverage ratio -23.9. It has cash and short-term investments of CN¥889.8M.
Key information
3.2%
Debt to equity ratio
CN¥52.51m
Debt
| Interest coverage ratio | -23.9x |
| Cash | CN¥889.76m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥865.62m |
| Total assets | CN¥2.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603312's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥861.6M).
Long Term Liabilities: 603312's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥4.0M).
Debt to Equity History and Analysis
Debt Level: 603312 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 603312's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603312's debt is well covered by operating cash flow (431.1%).
Interest Coverage: 603312 earns more interest than it pays, so coverage of interest payments is not a concern.