Sunvim GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sunvim GroupLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are CN¥8.3B and CN¥4.3B respectively. Sunvim GroupLtd's EBIT is CN¥514.5M making its interest coverage ratio 8.3. It has cash and short-term investments of CN¥1.6B.
Key information
82.3%
Debt to equity ratio
CN¥3.25b
Debt
Interest coverage ratio | 8.3x |
Cash | CN¥1.55b |
Equity | CN¥3.94b |
Total liabilities | CN¥4.34b |
Total assets | CN¥8.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002083's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 002083's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥992.3M).
Debt to Equity History and Analysis
Debt Level: 002083's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: 002083's debt to equity ratio has reduced from 95.1% to 82.3% over the past 5 years.
Debt Coverage: 002083's debt is well covered by operating cash flow (23.1%).
Interest Coverage: 002083's interest payments on its debt are well covered by EBIT (8.3x coverage).