Sicher Elevator Balance Sheet Health
Financial Health criteria checks 5/6
Sicher Elevator has a total shareholder equity of CN¥824.0M and total debt of CN¥638.1K, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are CN¥1.5B and CN¥633.2M respectively. Sicher Elevator's EBIT is CN¥90.0M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥754.8M.
Key information
0.08%
Debt to equity ratio
CN¥638.14k
Debt
Interest coverage ratio | -3.7x |
Cash | CN¥754.77m |
Equity | CN¥823.98m |
Total liabilities | CN¥633.17m |
Total assets | CN¥1.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301056's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥615.3M).
Long Term Liabilities: 301056's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥17.9M).
Debt to Equity History and Analysis
Debt Level: 301056 has more cash than its total debt.
Reducing Debt: 301056's debt to equity ratio has increased from 0% to 0.08% over the past 5 years.
Debt Coverage: 301056's debt is well covered by operating cash flow (30507.9%).
Interest Coverage: 301056 earns more interest than it pays, so coverage of interest payments is not a concern.