Suwen Electric Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Suwen Electric Energy TechnologyLtd has a total shareholder equity of CN¥3.1B and total debt of CN¥160.2M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥4.7B and CN¥1.6B respectively. Suwen Electric Energy TechnologyLtd's EBIT is CN¥180.3M making its interest coverage ratio -11.4. It has cash and short-term investments of CN¥1.4B.
Key information
5.1%
Debt to equity ratio
CN¥160.22m
Debt
| Interest coverage ratio | -11.4x |
| Cash | CN¥1.42b |
| Equity | CN¥3.15b |
| Total liabilities | CN¥1.59b |
| Total assets | CN¥4.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300982's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300982's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥22.7M).
Debt to Equity History and Analysis
Debt Level: 300982 has more cash than its total debt.
Reducing Debt: 300982's debt to equity ratio has increased from 0.7% to 5.1% over the past 5 years.
Debt Coverage: 300982's debt is well covered by operating cash flow (52.8%).
Interest Coverage: 300982 earns more interest than it pays, so coverage of interest payments is not a concern.