Sinoma Energy Conservation Balance Sheet Health
Financial Health criteria checks 4/6
Sinoma Energy Conservation has a total shareholder equity of CN¥2.6B and total debt of CN¥435.8M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are CN¥5.4B and CN¥2.8B respectively. Sinoma Energy Conservation's EBIT is CN¥94.9M making its interest coverage ratio -4.1. It has cash and short-term investments of CN¥932.1M.
Key information
17.0%
Debt to equity ratio
CN¥435.77m
Debt
Interest coverage ratio | -4.1x |
Cash | CN¥932.11m |
Equity | CN¥2.56b |
Total liabilities | CN¥2.83b |
Total assets | CN¥5.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603126's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 603126's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥401.9M).
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 3.2% to 17% over the past 5 years.
Debt Coverage: 603126's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: 603126 earns more interest than it pays, so coverage of interest payments is not a concern.