Solareast Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Solareast Holdings has a total shareholder equity of CN¥4.0B and total debt of CN¥301.6M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CN¥7.0B and CN¥3.0B respectively.
Key information
7.6%
Debt to equity ratio
CN¥301.60m
Debt
Interest coverage ratio | n/a |
Cash | CN¥510.79m |
Equity | CN¥3.99b |
Total liabilities | CN¥3.00b |
Total assets | CN¥6.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603366's short term assets (CN¥2.9B) do not cover its short term liabilities (CN¥2.9B).
Long Term Liabilities: 603366's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥145.8M).
Debt to Equity History and Analysis
Debt Level: 603366 has more cash than its total debt.
Reducing Debt: 603366's debt to equity ratio has reduced from 24.1% to 7.6% over the past 5 years.
Debt Coverage: 603366's debt is well covered by operating cash flow (109.7%).
Interest Coverage: Insufficient data to determine if 603366's interest payments on its debt are well covered by EBIT.