Suzhou Electrical Apparatus Science Academy Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Electrical Apparatus Science Academy has a total shareholder equity of CN¥2.0B and total debt of CN¥504.7M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are CN¥2.7B and CN¥727.8M respectively. Suzhou Electrical Apparatus Science Academy's EBIT is CN¥58.4M making its interest coverage ratio 4. It has cash and short-term investments of CN¥405.5M.
Key information
25.3%
Debt to equity ratio
CN¥504.70m
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥405.54m |
| Equity | CN¥1.99b |
| Total liabilities | CN¥727.79m |
| Total assets | CN¥2.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300215's short term assets (CN¥504.5M) do not cover its short term liabilities (CN¥542.2M).
Long Term Liabilities: 300215's short term assets (CN¥504.5M) exceed its long term liabilities (CN¥185.6M).
Debt to Equity History and Analysis
Debt Level: 300215's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: 300215's debt to equity ratio has reduced from 66.4% to 25.3% over the past 5 years.
Debt Coverage: 300215's debt is well covered by operating cash flow (82.4%).
Interest Coverage: 300215's interest payments on its debt are well covered by EBIT (4x coverage).