SBT Ultrasonic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
SBT Ultrasonic TechnologyLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥227.5M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥2.2B and CN¥420.9M respectively. SBT Ultrasonic TechnologyLtd's EBIT is CN¥17.2M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥1.5B.
Key information
13.0%
Debt to equity ratio
CN¥227.50m
Debt
Interest coverage ratio | -0.5x |
Cash | CN¥1.52b |
Equity | CN¥1.75b |
Total liabilities | CN¥420.92m |
Total assets | CN¥2.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688392's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥407.4M).
Long Term Liabilities: 688392's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥13.5M).
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 0% to 13% over the past 5 years.
Debt Coverage: 688392's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: 688392 earns more interest than it pays, so coverage of interest payments is not a concern.