Sunrise Manufacture Group Balance Sheet Health
Financial Health criteria checks 2/6
Sunrise Manufacture Group has a total shareholder equity of CN¥2.8B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 130.6%. Its total assets and total liabilities are CN¥7.2B and CN¥4.4B respectively. Sunrise Manufacture Group's EBIT is CN¥109.8M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥595.8M.
Key information
130.6%
Debt to equity ratio
CN¥3.62b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥595.83m |
| Equity | CN¥2.77b |
| Total liabilities | CN¥4.42b |
| Total assets | CN¥7.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605138's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 605138's short term assets (CN¥2.4B) do not cover its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 605138's net debt to equity ratio (109.1%) is considered high.
Reducing Debt: 605138's debt to equity ratio has reduced from 203.5% to 130.6% over the past 5 years.
Debt Coverage: 605138's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 605138's interest payments on its debt are not well covered by EBIT (0.6x coverage).