SUFA Technology Industry CNNC Balance Sheet Health
Financial Health criteria checks 4/6
SUFA Technology Industry CNNC has a total shareholder equity of CN¥2.0B and total debt of CN¥305.4M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥3.4B and CN¥1.5B respectively. SUFA Technology Industry CNNC's EBIT is CN¥47.9M making its interest coverage ratio -0.3. It has cash and short-term investments of CN¥126.8M.
Key information
15.4%
Debt to equity ratio
CN¥305.35m
Debt
| Interest coverage ratio | -0.3x |
| Cash | CN¥126.82m |
| Equity | CN¥1.98b |
| Total liabilities | CN¥1.45b |
| Total assets | CN¥3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000777's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 000777's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥70.7M).
Debt to Equity History and Analysis
Debt Level: 000777's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 000777's debt to equity ratio has increased from 11.6% to 15.4% over the past 5 years.
Debt Coverage: 000777's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000777 earns more interest than it pays, so coverage of interest payments is not a concern.