Sunvim GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sunvim GroupLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are CN¥7.7B and CN¥3.7B respectively. Sunvim GroupLtd's EBIT is CN¥562.1M making its interest coverage ratio 12.7. It has cash and short-term investments of CN¥845.9M.
Key information
65.9%
Debt to equity ratio
CN¥2.64b
Debt
| Interest coverage ratio | 12.7x |
| Cash | CN¥845.92m |
| Equity | CN¥4.00b |
| Total liabilities | CN¥3.75b |
| Total assets | CN¥7.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002083's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 002083's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002083's net debt to equity ratio (44.7%) is considered high.
Reducing Debt: 002083's debt to equity ratio has reduced from 81.6% to 65.9% over the past 5 years.
Debt Coverage: 002083's debt is well covered by operating cash flow (27.5%).
Interest Coverage: 002083's interest payments on its debt are well covered by EBIT (12.7x coverage).