Shenzhen Strongteam Decoration Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Strongteam Decoration Engineering has a total shareholder equity of CN¥1.6B and total debt of CN¥546.1M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are CN¥2.6B and CN¥1.0B respectively.
Key information
34.5%
Debt to equity ratio
CN¥546.07m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥816.37m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥1.04b |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Shenzhen Strongteam Decoration Engineering Co., Ltd. (SZSE:002989) With Shares Advancing 32%
Sep 25
Optimistic Investors Push Shenzhen Strongteam Decoration Engineering Co., Ltd. (SZSE:002989) Shares Up 30% But Growth Is Lacking
Apr 26Shenzhen 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¥1.7B) exceed its short term liabilities (CN¥491.8M).
Long Term Liabilities: 002989's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥545.9M).
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 18.9% to 34.5% 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.