Suzhou Anjie Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Anjie Technology has a total shareholder equity of CN¥5.9B and total debt of CN¥730.5M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are CN¥8.3B and CN¥2.4B respectively. Suzhou Anjie Technology's EBIT is CN¥265.1M making its interest coverage ratio -4. It has cash and short-term investments of CN¥1.9B.
Key information
12.4%
Debt to equity ratio
CN¥730.50m
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥1.91b |
| Equity | CN¥5.87b |
| Total liabilities | CN¥2.40b |
| Total assets | CN¥8.27b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002635's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002635's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥240.9M).
Debt to Equity History and Analysis
Debt Level: 002635 has more cash than its total debt.
Reducing Debt: 002635's debt to equity ratio has increased from 0.8% to 12.4% over the past 5 years.
Debt Coverage: 002635's debt is well covered by operating cash flow (106.2%).
Interest Coverage: 002635 earns more interest than it pays, so coverage of interest payments is not a concern.