Suzhou Alton Electrical & Mechanical Industry Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Alton Electrical & Mechanical Industry has a total shareholder equity of CN¥1.4B and total debt of CN¥568.0M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are CN¥2.8B and CN¥1.3B respectively. Suzhou Alton Electrical & Mechanical Industry's EBIT is CN¥258.8M making its interest coverage ratio 27.6. It has cash and short-term investments of CN¥1.3B.
Key information
39.4%
Debt to equity ratio
CN¥567.96m
Debt
| Interest coverage ratio | 27.6x |
| Cash | CN¥1.31b |
| Equity | CN¥1.44b |
| Total liabilities | CN¥1.34b |
| Total assets | CN¥2.78b |
Recent financial health updates
Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Has A Pretty Healthy Balance Sheet
Jul 15
Recent updates
We Think That There Are Some Issues For Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Beyond Its Promising Earnings
Nov 05Suzhou Alton Electrical & Mechanical Industry Co., Ltd. (SZSE:301187) Shares Fly 38% But Investors Aren't Buying For Growth
Oct 09Does Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Deserve A Spot On Your Watchlist?
Oct 01Returns On Capital At Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Have Stalled
Sep 03Investors Don't See Light At End Of Suzhou Alton Electrical & Mechanical Industry Co., Ltd.'s (SZSE:301187) Tunnel And Push Stock Down 26%
Aug 06Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Has A Pretty Healthy Balance Sheet
Jul 15Improved Earnings Required Before Suzhou Alton Electrical & Mechanical Industry Co., Ltd. (SZSE:301187) Shares Find Their Feet
May 24Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Strong Profits May Be Masking Some Underlying Issues
Apr 25Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Will Want To Turn Around Its Return Trends
Feb 28Financial Position Analysis
Short Term Liabilities: 301187's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 301187's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥119.4M).
Debt to Equity History and Analysis
Debt Level: 301187 has more cash than its total debt.
Reducing Debt: 301187's debt to equity ratio has increased from 0% to 39.4% over the past 5 years.
Debt Coverage: 301187's debt is well covered by operating cash flow (76.7%).
Interest Coverage: 301187's interest payments on its debt are well covered by EBIT (27.6x coverage).