Suntar Environmental Technology Balance Sheet Health
Financial Health criteria checks 6/6
Suntar Environmental Technology has a total shareholder equity of CN¥3.9B and total debt of CN¥96.6M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥5.5B and CN¥1.7B respectively. Suntar Environmental Technology's EBIT is CN¥334.7M making its interest coverage ratio -18. It has cash and short-term investments of CN¥1.5B.
Key information
2.5%
Debt to equity ratio
CN¥96.56m
Debt
Interest coverage ratio | -18x |
Cash | CN¥1.46b |
Equity | CN¥3.86b |
Total liabilities | CN¥1.68b |
Total assets | CN¥5.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688101's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 688101's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥443.8M).
Debt to Equity History and Analysis
Debt Level: 688101 has more cash than its total debt.
Reducing Debt: 688101's debt to equity ratio has reduced from 9.7% to 2.5% over the past 5 years.
Debt Coverage: 688101's debt is well covered by operating cash flow (253.3%).
Interest Coverage: 688101 earns more interest than it pays, so coverage of interest payments is not a concern.