Shenzhen SED Industry Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen SED Industry has a total shareholder equity of CN¥11.9B and total debt of CN¥9.2B, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are CN¥56.5B and CN¥44.6B respectively. Shenzhen SED Industry's EBIT is CN¥1.4B making its interest coverage ratio 5. It has cash and short-term investments of CN¥10.2B.
Key information
77.6%
Debt to equity ratio
CN¥9.22b
Debt
Interest coverage ratio | 5x |
Cash | CN¥10.15b |
Equity | CN¥11.87b |
Total liabilities | CN¥44.64b |
Total assets | CN¥56.52b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000032's short term assets (CN¥45.0B) exceed its short term liabilities (CN¥36.7B).
Long Term Liabilities: 000032's short term assets (CN¥45.0B) exceed its long term liabilities (CN¥8.0B).
Debt to Equity History and Analysis
Debt Level: 000032 has more cash than its total debt.
Reducing Debt: 000032's debt to equity ratio has reduced from 242.9% to 77.6% over the past 5 years.
Debt Coverage: 000032's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 000032's interest payments on its debt are well covered by EBIT (5x coverage).