SBT Ultrasonic Technology Balance Sheet Health
Financial Health criteria checks 3/6
SBT Ultrasonic Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥243.1M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥2.1B and CN¥393.3M respectively.
Key information
14.6%
Debt to equity ratio
CN¥243.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.28b |
| Equity | CN¥1.66b |
| Total liabilities | CN¥393.35m |
| Total assets | CN¥2.05b |
Recent financial health updates
Is SBT Ultrasonic Technology (SHSE:688392) Weighed On By Its Debt Load?
Dec 17
Is SBT Ultrasonic TechnologyLtd (SHSE:688392) Using Debt In A Risky Way?
Jun 26Recent updates
Is SBT Ultrasonic Technology (SHSE:688392) Weighed On By Its Debt Load?
Dec 17SBT Ultrasonic Technology Co.,Ltd.'s (SHSE:688392) P/S Is Still On The Mark Following 44% Share Price Bounce
Nov 11Analysts Just Slashed Their SBT Ultrasonic Technology Co.,Ltd. (SHSE:688392) EPS Numbers
Aug 29Is SBT Ultrasonic TechnologyLtd (SHSE:688392) Using Debt In A Risky Way?
Jun 26SBT Ultrasonic TechnologyLtd's (SHSE:688392) Problems Go Beyond Poor Profit
May 03Be Wary Of SBT Ultrasonic TechnologyLtd (SHSE:688392) And Its Returns On Capital
Apr 23SBT Ultrasonic Technology Co.,Ltd.'s (SHSE:688392) Share Price Not Quite Adding Up
Mar 26Financial Position Analysis
Short Term Liabilities: 688392's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥385.1M).
Long Term Liabilities: 688392's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥8.2M).
Debt to Equity History and Analysis
Debt Level: 688392 has more cash than its total debt.
Reducing Debt: 688392's debt to equity ratio has increased from 3.9% to 14.6% over the past 5 years.
Debt Coverage: 688392's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688392's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 15:39 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SBT Ultrasonic Technology Co., Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jian Ding | China International Capital Corporation Limited |
| Haibo Liu | Citic Securities Co., Ltd. |
| Junhao Li | Daiwa Securities Co. Ltd. |