Suqian UnitechLtd Balance Sheet Health
Financial Health criteria checks 2/6
Suqian UnitechLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 56.6%. Its total assets and total liabilities are CN¥3.5B and CN¥1.5B respectively. Suqian UnitechLtd's EBIT is CN¥6.8M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥373.5M.
Key information
56.6%
Debt to equity ratio
CN¥1.15b
Debt
| Interest coverage ratio | 0.3x |
| Cash | CN¥373.53m |
| Equity | CN¥2.03b |
| Total liabilities | CN¥1.50b |
| Total assets | CN¥3.52b |
Recent financial health updates
No updates
Recent updates
Suqian UnitechLtd's (SHSE:603065) Weak Earnings Might Be Worse Than They Appear
Nov 04
Returns On Capital At Suqian UnitechLtd (SHSE:603065) Paint A Concerning Picture
Oct 01Earnings Troubles May Signal Larger Issues for Suqian UnitechLtd (SHSE:603065) Shareholders
May 03The Returns On Capital At Suqian UnitechLtd (SHSE:603065) Don't Inspire Confidence
Apr 23Financial Position Analysis
Short Term Liabilities: 603065's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603065's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥166.3M).
Debt to Equity History and Analysis
Debt Level: 603065's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: 603065's debt to equity ratio has increased from 18.3% to 56.6% over the past 5 years.
Debt Coverage: 603065's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: 603065's interest payments on its debt are not well covered by EBIT (0.3x coverage).