SuZhou THVOW Technology Balance Sheet Health
Financial Health criteria checks 3/6
SuZhou THVOW Technology has a total shareholder equity of CN¥356.3M and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 1284.2%. Its total assets and total liabilities are CN¥6.6B and CN¥6.2B respectively. SuZhou THVOW Technology's EBIT is CN¥135.0M making its interest coverage ratio -0. It has cash and short-term investments of CN¥287.7M.
Key information
1,284.2%
Debt to equity ratio
CN¥4.57b
Debt
Interest coverage ratio | -0.02x |
Cash | CN¥287.70m |
Equity | CN¥356.25m |
Total liabilities | CN¥6.20b |
Total assets | CN¥6.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002564's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 002564's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥3.3B).
Debt to Equity History and Analysis
Debt Level: 002564's net debt to equity ratio (1203.4%) is considered high.
Reducing Debt: 002564's debt to equity ratio has increased from 209.9% to 1284.2% over the past 5 years.
Debt Coverage: 002564's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002564 earns more interest than it pays, so coverage of interest payments is not a concern.