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¥1.5B and total debt of CN¥372.7M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are CN¥2.5B and CN¥1.0B respectively. Suzhou Alton Electrical & Mechanical Industry's EBIT is CN¥185.3M making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥1.3B.
Key information
24.9%
Debt to equity ratio
CN¥372.74m
Debt
Interest coverage ratio | -4.4x |
Cash | CN¥1.30b |
Equity | CN¥1.50b |
Total liabilities | CN¥1.05b |
Total assets | CN¥2.55b |
Recent financial health updates
Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Has A Pretty Healthy Balance Sheet
Jul 15Recent updates
Suzhou 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¥1.8B) exceed its short term liabilities (CN¥932.5M).
Long Term Liabilities: 301187's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥117.4M).
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 24.9% over the past 5 years.
Debt Coverage: 301187's debt is well covered by operating cash flow (75.5%).
Interest Coverage: 301187 earns more interest than it pays, so coverage of interest payments is not a concern.