Suzhou Harmontronics Automation Technology Balance Sheet Health
Financial Health criteria checks 2/6
Suzhou Harmontronics Automation Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are CN¥3.9B and CN¥2.1B respectively.
Key information
58.7%
Debt to equity ratio
CN¥1.04b
Debt
Interest coverage ratio | n/a |
Cash | CN¥90.97m |
Equity | CN¥1.77b |
Total liabilities | CN¥2.15b |
Total assets | CN¥3.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688022's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 688022's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥320.9M).
Debt to Equity History and Analysis
Debt Level: 688022's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: 688022's debt to equity ratio has increased from 37.4% to 58.7% over the past 5 years.
Debt Coverage: 688022's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688022's interest payments on its debt are well covered by EBIT.