Suzhou Electrical Apparatus Science Academy Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Electrical Apparatus Science Academy has a total shareholder equity of CN¥2.0B and total debt of CN¥560.4M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are CN¥2.8B and CN¥786.4M respectively. Suzhou Electrical Apparatus Science Academy's EBIT is CN¥57.2M making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥330.9M.
Key information
28.0%
Debt to equity ratio
CN¥560.42m
Debt
Interest coverage ratio | 3.1x |
Cash | CN¥330.90m |
Equity | CN¥2.00b |
Total liabilities | CN¥786.35m |
Total assets | CN¥2.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300215's short term assets (CN¥434.6M) exceed its short term liabilities (CN¥404.3M).
Long Term Liabilities: 300215's short term assets (CN¥434.6M) exceed its long term liabilities (CN¥382.1M).
Debt to Equity History and Analysis
Debt Level: 300215's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: 300215's debt to equity ratio has reduced from 64.5% to 28% over the past 5 years.
Debt Coverage: 300215's debt is well covered by operating cash flow (81.4%).
Interest Coverage: 300215's interest payments on its debt are well covered by EBIT (3.1x coverage).