Suzhou Secote Precision ElectronicLTD Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Secote Precision ElectronicLTD has a total shareholder equity of CN¥2.3B and total debt of CN¥376.9M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are CN¥4.7B and CN¥2.4B respectively. Suzhou Secote Precision ElectronicLTD's EBIT is CN¥948.6M making its interest coverage ratio 59775.8. It has cash and short-term investments of CN¥741.9M.
Key information
16.3%
Debt to equity ratio
CN¥376.90m
Debt
Interest coverage ratio | 59775.8x |
Cash | CN¥741.91m |
Equity | CN¥2.31b |
Total liabilities | CN¥2.43b |
Total assets | CN¥4.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603283's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603283's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥114.0M).
Debt to Equity History and Analysis
Debt Level: 603283 has more cash than its total debt.
Reducing Debt: 603283's debt to equity ratio has reduced from 23.6% to 16.3% over the past 5 years.
Debt Coverage: 603283's debt is well covered by operating cash flow (382.5%).
Interest Coverage: 603283's interest payments on its debt are well covered by EBIT (59775.8x coverage).