Shenzhen Strongteam Decoration Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Strongteam Decoration Engineering has a total shareholder equity of CN¥1.7B and total debt of CN¥527.4M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are CN¥2.8B and CN¥1.1B respectively.
Key information
31.8%
Debt to equity ratio
CN¥527.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.06b |
| Equity | CN¥1.66b |
| Total liabilities | CN¥1.14b |
| Total assets | CN¥2.80b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Shenzhen Strongteam Decoration Engineering Co., Ltd. (SZSE:002989) Shares Up 30% But Growth Is Lacking
Apr 26
Shenzhen Strongteam Decoration Engineering Co., Ltd.'s (SZSE:002989) Shares Climb 28% But Its Business Is Yet to Catch Up
Mar 06Be Wary Of Shenzhen Strongteam Decoration Engineering (SZSE:002989) And Its Returns On Capital
Mar 01Financial Position Analysis
Short Term Liabilities: 002989's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥611.5M).
Long Term Liabilities: 002989's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥531.3M).
Debt to Equity History and Analysis
Debt Level: 002989 has more cash than its total debt.
Reducing Debt: 002989's debt to equity ratio has increased from 22.7% to 31.8% over the past 5 years.
Debt Coverage: 002989's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002989's interest payments on its debt are well covered by EBIT.