Shenzhen Sine ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Sine ElectricLtd has a total shareholder equity of CN¥739.2M and total debt of CN¥556.3K, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are CN¥849.8M and CN¥110.6M respectively. Shenzhen Sine ElectricLtd's EBIT is CN¥41.7M making its interest coverage ratio -6.9. It has cash and short-term investments of CN¥338.0M.
Key information
0.08%
Debt to equity ratio
CN¥556.27k
Debt
Interest coverage ratio | -6.9x |
Cash | CN¥338.00m |
Equity | CN¥739.22m |
Total liabilities | CN¥110.61m |
Total assets | CN¥849.83m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688395's short term assets (CN¥570.8M) exceed its short term liabilities (CN¥105.1M).
Long Term Liabilities: 688395's short term assets (CN¥570.8M) exceed its long term liabilities (CN¥5.5M).
Debt to Equity History and Analysis
Debt Level: 688395 has more cash than its total debt.
Reducing Debt: 688395's debt to equity ratio has reduced from 4.7% to 0.08% over the past 5 years.
Debt Coverage: 688395's debt is well covered by operating cash flow (7331.1%).
Interest Coverage: 688395 earns more interest than it pays, so coverage of interest payments is not a concern.