Sunny Loan TopLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sunny Loan TopLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are CN¥5.0B and CN¥2.2B respectively. Sunny Loan TopLtd's EBIT is CN¥112.2M making its interest coverage ratio -7.4. It has cash and short-term investments of CN¥868.9M.
Key information
68.2%
Debt to equity ratio
CN¥1.93b
Debt
| Interest coverage ratio | -7.4x |
| Cash | CN¥868.90m |
| Equity | CN¥2.84b |
| Total liabilities | CN¥2.15b |
| Total assets | CN¥4.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600830's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600830's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 600830's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: 600830's debt to equity ratio has increased from 0% to 68.2% over the past 5 years.
Debt Coverage: 600830's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600830 earns more interest than it pays, so coverage of interest payments is not a concern.