Sinostar Cable Balance Sheet Health
Financial Health criteria checks 2/6
Sinostar Cable has a total shareholder equity of CN¥1.7B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 103.1%. Its total assets and total liabilities are CN¥4.1B and CN¥2.4B respectively. Sinostar Cable's EBIT is CN¥121.1M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥682.1M.
Key information
103.1%
Debt to equity ratio
CN¥1.75b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥682.14m |
| Equity | CN¥1.69b |
| Total liabilities | CN¥2.42b |
| Total assets | CN¥4.11b |
Recent financial health updates
No updates
Recent updates
Sinostar Cable Co., Ltd's (SZSE:300933) 43% Price Boost Is Out Of Tune With Earnings
Oct 09
Some Investors May Be Worried About Sinostar Cable's (SZSE:300933) Returns On Capital
Sep 29More Unpleasant Surprises Could Be In Store For Sinostar Cable Co., Ltd's (SZSE:300933) Shares After Tumbling 28%
Jul 18Sinostar Cable (SZSE:300933) Might Be Having Difficulty Using Its Capital Effectively
May 28Subdued Growth No Barrier To Sinostar Cable Co., Ltd (SZSE:300933) With Shares Advancing 36%
Mar 06Financial Position Analysis
Short Term Liabilities: 300933's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300933's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥501.9M).
Debt to Equity History and Analysis
Debt Level: 300933's net debt to equity ratio (62.8%) is considered high.
Reducing Debt: 300933's debt to equity ratio has increased from 57.9% to 103.1% over the past 5 years.
Debt Coverage: 300933's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300933's interest payments on its debt are not well covered by EBIT (1.9x coverage).