Shenzhen Sinexcel ElectricLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Sinexcel ElectricLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥240.1M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥3.3B and CN¥1.7B respectively. Shenzhen Sinexcel ElectricLtd's EBIT is CN¥416.3M making its interest coverage ratio -882.1. It has cash and short-term investments of CN¥702.1M.
Key information
15.4%
Debt to equity ratio
CN¥240.13m
Debt
Interest coverage ratio | -882.1x |
Cash | CN¥702.11m |
Equity | CN¥1.56b |
Total liabilities | CN¥1.75b |
Total assets | CN¥3.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300693's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300693's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥129.0M).
Debt to Equity History and Analysis
Debt Level: 300693 has more cash than its total debt.
Reducing Debt: 300693's debt to equity ratio has increased from 11.8% to 15.4% over the past 5 years.
Debt Coverage: 300693's debt is well covered by operating cash flow (90.3%).
Interest Coverage: 300693 earns more interest than it pays, so coverage of interest payments is not a concern.