Sungrow Power Supply Balance Sheet Health
Financial Health criteria checks 5/6
Sungrow Power Supply has a total shareholder equity of CN¥31.6B and total debt of CN¥10.7B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are CN¥84.9B and CN¥53.3B respectively. Sungrow Power Supply's EBIT is CN¥12.1B making its interest coverage ratio -240.5. It has cash and short-term investments of CN¥20.6B.
Key information
33.7%
Debt to equity ratio
CN¥10.66b
Debt
Interest coverage ratio | -240.5x |
Cash | CN¥20.58b |
Equity | CN¥31.62b |
Total liabilities | CN¥53.26b |
Total assets | CN¥84.88b |
Recent financial health updates
No updates
Recent updates
Sungrow Power Supply (SZSE:300274) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 29Estimating The Fair Value Of Sungrow Power Supply Co., Ltd. (SZSE:300274)
Apr 09There's No Escaping Sungrow Power Supply Co., Ltd.'s (SZSE:300274) Muted Earnings Despite A 28% Share Price Rise
Mar 11Financial Position Analysis
Short Term Liabilities: 300274's short term assets (CN¥71.1B) exceed its short term liabilities (CN¥44.4B).
Long Term Liabilities: 300274's short term assets (CN¥71.1B) exceed its long term liabilities (CN¥8.9B).
Debt to Equity History and Analysis
Debt Level: 300274 has more cash than its total debt.
Reducing Debt: 300274's debt to equity ratio has increased from 25.7% to 33.7% over the past 5 years.
Debt Coverage: 300274's debt is well covered by operating cash flow (68.4%).
Interest Coverage: 300274 earns more interest than it pays, so coverage of interest payments is not a concern.