Sinoma Energy Conservation Balance Sheet Health
Financial Health criteria checks 4/6
Sinoma Energy Conservation has a total shareholder equity of CN¥2.5B and total debt of CN¥445.7M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are CN¥5.1B and CN¥2.6B respectively. Sinoma Energy Conservation's EBIT is CN¥17.5M making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥714.7M.
Key information
17.9%
Debt to equity ratio
CN¥445.74m
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥714.73m |
| Equity | CN¥2.49b |
| Total liabilities | CN¥2.65b |
| Total assets | CN¥5.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603126's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603126's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥368.5M).
Debt to Equity History and Analysis
Debt Level: 603126 has more cash than its total debt.
Reducing Debt: 603126's debt to equity ratio has increased from 3% to 17.9% over the past 5 years.
Debt Coverage: 603126's debt is not well covered by operating cash flow (1%).
Interest Coverage: 603126 earns more interest than it pays, so coverage of interest payments is not a concern.