Suzhou SONAVOX ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou SONAVOX ElectronicsLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥977.8M, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are CN¥3.2B and CN¥1.7B respectively. Suzhou SONAVOX ElectronicsLtd's EBIT is CN¥317.5M making its interest coverage ratio 14.2. It has cash and short-term investments of CN¥462.2M.
Key information
66.6%
Debt to equity ratio
CN¥977.84m
Debt
| Interest coverage ratio | 14.2x |
| Cash | CN¥462.20m |
| Equity | CN¥1.47b |
| Total liabilities | CN¥1.71b |
| Total assets | CN¥3.17b |
Recent financial health updates
Recent updates
Market Might Still Lack Some Conviction On Suzhou SONAVOX Electronics Co.,Ltd. (SHSE:688533) Even After 38% Share Price Boost
Oct 01
Suzhou SONAVOX ElectronicsLtd (SHSE:688533) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 05Suzhou SONAVOX ElectronicsLtd (SHSE:688533) May Have Issues Allocating Its Capital
Jun 07Is Suzhou SONAVOX ElectronicsLtd (SHSE:688533) A Risky Investment?
May 01It's A Story Of Risk Vs Reward With Suzhou SONAVOX Electronics Co.,Ltd. (SHSE:688533)
Mar 28Financial Position Analysis
Short Term Liabilities: 688533's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 688533's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥604.3M).
Debt to Equity History and Analysis
Debt Level: 688533's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: 688533's debt to equity ratio has increased from 43.8% to 66.6% over the past 5 years.
Debt Coverage: 688533's debt is well covered by operating cash flow (23%).
Interest Coverage: 688533's interest payments on its debt are well covered by EBIT (14.2x coverage).