Shenzhen Sinexcel ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Sinexcel ElectricLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥179.0M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are CN¥3.3B and CN¥1.9B respectively. Shenzhen Sinexcel ElectricLtd's EBIT is CN¥421.7M making its interest coverage ratio -501.4. It has cash and short-term investments of CN¥805.3M.
Key information
12.3%
Debt to equity ratio
CN¥179.00m
Debt
Interest coverage ratio | -501.4x |
Cash | CN¥805.30m |
Equity | CN¥1.46b |
Total liabilities | CN¥1.89b |
Total assets | CN¥3.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300693's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 300693's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥134.2M).
Debt to Equity History and Analysis
Debt Level: 300693 has more cash than its total debt.
Reducing Debt: 300693's debt to equity ratio has increased from 9.4% to 12.3% over the past 5 years.
Debt Coverage: 300693's debt is well covered by operating cash flow (121.2%).
Interest Coverage: 300693 earns more interest than it pays, so coverage of interest payments is not a concern.