Cinderson Tech (Suzhou) Balance Sheet Health
Financial Health criteria checks 5/6
Cinderson Tech (Suzhou) has a total shareholder equity of CN¥1.9B and total debt of CN¥5.2M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥2.6B and CN¥657.9M respectively. Cinderson Tech (Suzhou)'s EBIT is CN¥217.0M making its interest coverage ratio -54.2. It has cash and short-term investments of CN¥1.3B.
Key information
0.3%
Debt to equity ratio
CN¥5.16m
Debt
Interest coverage ratio | -54.2x |
Cash | CN¥1.32b |
Equity | CN¥1.92b |
Total liabilities | CN¥657.91m |
Total assets | CN¥2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603344's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥655.2M).
Long Term Liabilities: 603344's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥2.7M).
Debt to Equity History and Analysis
Debt Level: 603344 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 603344's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603344's debt is well covered by operating cash flow (4258.6%).
Interest Coverage: 603344 earns more interest than it pays, so coverage of interest payments is not a concern.