Sunward Intelligent Equipment Balance Sheet Health
Financial Health criteria checks 2/6
Sunward Intelligent Equipment has a total shareholder equity of CN¥4.7B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 216%. Its total assets and total liabilities are CN¥21.3B and CN¥16.6B respectively. Sunward Intelligent Equipment's EBIT is CN¥149.4M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥1.8B.
Key information
216.0%
Debt to equity ratio
CN¥10.19b
Debt
| Interest coverage ratio | 0.5x |
| Cash | CN¥1.76b |
| Equity | CN¥4.72b |
| Total liabilities | CN¥16.60b |
| Total assets | CN¥21.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002097's short term assets (CN¥13.5B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 002097's short term assets (CN¥13.5B) exceed its long term liabilities (CN¥7.0B).
Debt to Equity History and Analysis
Debt Level: 002097's net debt to equity ratio (178.7%) is considered high.
Reducing Debt: 002097's debt to equity ratio has increased from 115.2% to 216% over the past 5 years.
Debt Coverage: 002097's debt is not well covered by operating cash flow (10%).
Interest Coverage: 002097's interest payments on its debt are not well covered by EBIT (0.5x coverage).