Suncha Technology Balance Sheet Health
Financial Health criteria checks 4/6
Suncha Technology has a total shareholder equity of CN¥862.4M and total debt of CN¥270.2M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥1.4B and CN¥548.7M respectively.
Key information
31.3%
Debt to equity ratio
CN¥270.22m
Debt
Interest coverage ratio | n/a |
Cash | CN¥183.33m |
Equity | CN¥862.40m |
Total liabilities | CN¥548.71m |
Total assets | CN¥1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001211's short term assets (CN¥749.6M) exceed its short term liabilities (CN¥466.1M).
Long Term Liabilities: 001211's short term assets (CN¥749.6M) exceed its long term liabilities (CN¥82.6M).
Debt to Equity History and Analysis
Debt Level: 001211's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: 001211's debt to equity ratio has reduced from 51.6% to 31.3% over the past 5 years.
Debt Coverage: 001211's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 001211's interest payments on its debt are well covered by EBIT.