SanluxLtd Balance Sheet Health
Financial Health criteria checks 6/6
SanluxLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥236.2M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are CN¥3.9B and CN¥603.1M respectively. SanluxLtd's EBIT is CN¥50.4M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥1.6B.
Key information
7.2%
Debt to equity ratio
CN¥236.19m
Debt
Interest coverage ratio | -2.7x |
Cash | CN¥1.58b |
Equity | CN¥3.28b |
Total liabilities | CN¥603.14m |
Total assets | CN¥3.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002224's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥493.4M).
Long Term Liabilities: 002224's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥109.8M).
Debt to Equity History and Analysis
Debt Level: 002224 has more cash than its total debt.
Reducing Debt: 002224's debt to equity ratio has reduced from 17.6% to 7.2% over the past 5 years.
Debt Coverage: 002224's debt is well covered by operating cash flow (56.5%).
Interest Coverage: 002224 earns more interest than it pays, so coverage of interest payments is not a concern.