Suzhou Harmontronics Automation Technology Balance Sheet Health
Financial Health criteria checks 2/6
Suzhou Harmontronics Automation Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 91.7%. Its total assets and total liabilities are CN¥3.9B and CN¥2.5B respectively.
Key information
91.7%
Debt to equity ratio
CN¥1.30b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥310.98m |
| Equity | CN¥1.42b |
| Total liabilities | CN¥2.45b |
| Total assets | CN¥3.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688022's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 688022's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥303.4M).
Debt to Equity History and Analysis
Debt Level: 688022's net debt to equity ratio (69.8%) is considered high.
Reducing Debt: 688022's debt to equity ratio has increased from 9.4% to 91.7% over the past 5 years.
Debt Coverage: 688022's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688022's interest payments on its debt are well covered by EBIT.