Suzhou Iron TechnologyLTD Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Iron TechnologyLTD has a total shareholder equity of CN¥757.6M and total debt of CN¥236.0M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥1.3B and CN¥562.5M respectively.
Key information
31.2%
Debt to equity ratio
CN¥236.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥88.33m |
| Equity | CN¥757.59m |
| Total liabilities | CN¥562.51m |
| Total assets | CN¥1.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688329's short term assets (CN¥695.2M) exceed its short term liabilities (CN¥492.0M).
Long Term Liabilities: 688329's short term assets (CN¥695.2M) exceed its long term liabilities (CN¥70.5M).
Debt to Equity History and Analysis
Debt Level: 688329's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 688329's debt to equity ratio has increased from 12.3% to 31.2% over the past 5 years.
Debt Coverage: 688329's debt is well covered by operating cash flow (26%).
Interest Coverage: Insufficient data to determine if 688329's interest payments on its debt are well covered by EBIT.