Hunan SUND Technological Balance Sheet Health
Financial Health criteria checks 6/6
Hunan SUND Technological has a total shareholder equity of CN¥1.5B and total debt of CN¥166.9K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are CN¥1.7B and CN¥195.1M respectively. Hunan SUND Technological's EBIT is CN¥120.6M making its interest coverage ratio -23.8. It has cash and short-term investments of CN¥936.3M.
Key information
0.01%
Debt to equity ratio
CN¥166.91k
Debt
Interest coverage ratio | -23.8x |
Cash | CN¥936.35m |
Equity | CN¥1.47b |
Total liabilities | CN¥195.08m |
Total assets | CN¥1.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301548's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥175.7M).
Long Term Liabilities: 301548's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥19.4M).
Debt to Equity History and Analysis
Debt Level: 301548 has more cash than its total debt.
Reducing Debt: 301548's debt to equity ratio has reduced from 40.4% to 0.01% over the past 5 years.
Debt Coverage: 301548's debt is well covered by operating cash flow (47699.2%).
Interest Coverage: 301548 earns more interest than it pays, so coverage of interest payments is not a concern.