Suzhou Recodeal Interconnect SystemLtd Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Recodeal Interconnect SystemLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥570.1M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are CN¥3.7B and CN¥1.7B respectively. Suzhou Recodeal Interconnect SystemLtd's EBIT is CN¥123.7M making its interest coverage ratio -38.8. It has cash and short-term investments of CN¥1.0B.
Key information
28.2%
Debt to equity ratio
CN¥570.13m
Debt
| Interest coverage ratio | -38.8x |
| Cash | CN¥1.00b |
| Equity | CN¥2.02b |
| Total liabilities | CN¥1.70b |
| Total assets | CN¥3.73b |
Recent financial health updates
No updates
Recent updates
Growth Investors: Industry Analysts Just Upgraded Their Suzhou Recodeal Interconnect System Co.,Ltd (SHSE:688800) Revenue Forecasts By 11%
May 02
Suzhou Recodeal Interconnect SystemLtd's (SHSE:688800) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 01Suzhou Recodeal Interconnect System Co.,Ltd's (SHSE:688800) Shares Leap 37% Yet They're Still Not Telling The Full Story
Mar 06Returns At Suzhou Recodeal Interconnect SystemLtd (SHSE:688800) Appear To Be Weighed Down
Feb 27Financial Position Analysis
Short Term Liabilities: 688800's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 688800's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥355.1M).
Debt to Equity History and Analysis
Debt Level: 688800 has more cash than its total debt.
Reducing Debt: 688800's debt to equity ratio has increased from 13.8% to 28.2% over the past 5 years.
Debt Coverage: 688800's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 688800 earns more interest than it pays, so coverage of interest payments is not a concern.