Sichuan Shudao Equipment & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Shudao Equipment & TechnologyLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥133.9M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥1.7B and CN¥667.9M respectively. Sichuan Shudao Equipment & TechnologyLtd's EBIT is CN¥15.1M making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥172.7M.
Key information
13.1%
Debt to equity ratio
CN¥133.93m
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥172.67m |
| Equity | CN¥1.02b |
| Total liabilities | CN¥667.86m |
| Total assets | CN¥1.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300540's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥609.4M).
Long Term Liabilities: 300540's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥58.4M).
Debt to Equity History and Analysis
Debt Level: 300540 has more cash than its total debt.
Reducing Debt: 300540's debt to equity ratio has reduced from 20.1% to 13.1% over the past 5 years.
Debt Coverage: 300540's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300540 earns more interest than it pays, so coverage of interest payments is not a concern.