Suzhou SONAVOX ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou SONAVOX ElectronicsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥964.9M, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are CN¥2.9B and CN¥1.5B respectively. Suzhou SONAVOX ElectronicsLtd's EBIT is CN¥225.9M making its interest coverage ratio 1676.1. It has cash and short-term investments of CN¥561.6M.
Key information
70.5%
Debt to equity ratio
CN¥964.87m
Debt
| Interest coverage ratio | 1676.1x |
| Cash | CN¥561.63m |
| Equity | CN¥1.37b |
| Total liabilities | CN¥1.54b |
| Total assets | CN¥2.91b |
Financial Position Analysis
Short Term Liabilities: 688533's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥938.1M).
Long Term Liabilities: 688533's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥601.1M).
Debt to Equity History and Analysis
Debt Level: 688533's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: 688533's debt to equity ratio has increased from 42.2% to 70.5% over the past 5 years.
Debt Coverage: 688533's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 688533's interest payments on its debt are well covered by EBIT (1676.1x coverage).