Suzhou Future Electrical Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Future Electrical has a total shareholder equity of CN¥1.5B and total debt of CN¥13.3M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥1.6B and CN¥178.7M respectively. Suzhou Future Electrical's EBIT is CN¥68.6M making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥1.1B.
Key information
0.9%
Debt to equity ratio
CN¥13.25m
Debt
| Interest coverage ratio | -3.9x |
| Cash | CN¥1.10b |
| Equity | CN¥1.46b |
| Total liabilities | CN¥178.71m |
| Total assets | CN¥1.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301386's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥174.6M).
Long Term Liabilities: 301386's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥4.1M).
Debt to Equity History and Analysis
Debt Level: 301386 has more cash than its total debt.
Reducing Debt: 301386's debt to equity ratio has reduced from 6.5% to 0.9% over the past 5 years.
Debt Coverage: 301386's debt is well covered by operating cash flow (625.5%).
Interest Coverage: 301386 earns more interest than it pays, so coverage of interest payments is not a concern.