Suzhou Recodeal Interconnect SystemLtd Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Recodeal Interconnect SystemLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥587.3M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are CN¥3.9B and CN¥1.9B respectively. Suzhou Recodeal Interconnect SystemLtd's EBIT is CN¥152.2M making its interest coverage ratio 16.4. It has cash and short-term investments of CN¥1.0B.
Key information
28.4%
Debt to equity ratio
CN¥587.28m
Debt
| Interest coverage ratio | 16.4x |
| Cash | CN¥1.05b |
| Equity | CN¥2.07b |
| Total liabilities | CN¥1.86b |
| Total assets | CN¥3.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688800's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 688800's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥282.8M).
Debt to Equity History and Analysis
Debt Level: 688800 has more cash than its total debt.
Reducing Debt: 688800's debt to equity ratio has increased from 11% to 28.4% over the past 5 years.
Debt Coverage: 688800's debt is well covered by operating cash flow (46.2%).
Interest Coverage: 688800's interest payments on its debt are well covered by EBIT (16.4x coverage).