Sinoseal Holding Balance Sheet Health
Financial Health criteria checks 6/6
Sinoseal Holding has a total shareholder equity of CN¥2.6B and total debt of CN¥306.5K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥3.1B and CN¥441.0M respectively. Sinoseal Holding's EBIT is CN¥390.5M making its interest coverage ratio -15.9. It has cash and short-term investments of CN¥995.5M.
Key information
0.01%
Debt to equity ratio
CN¥306.52k
Debt
Interest coverage ratio | -15.9x |
Cash | CN¥995.46m |
Equity | CN¥2.64b |
Total liabilities | CN¥440.99m |
Total assets | CN¥3.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300470's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥417.2M).
Long Term Liabilities: 300470's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥23.8M).
Debt to Equity History and Analysis
Debt Level: 300470 has more cash than its total debt.
Reducing Debt: 300470's debt to equity ratio has reduced from 13.7% to 0.01% over the past 5 years.
Debt Coverage: 300470's debt is well covered by operating cash flow (95179.1%).
Interest Coverage: 300470 earns more interest than it pays, so coverage of interest payments is not a concern.