Suli Balance Sheet Health
Financial Health criteria checks 3/6
Suli has a total shareholder equity of CN¥3.2B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are CN¥5.7B and CN¥2.5B respectively. Suli's EBIT is CN¥966.3K making its interest coverage ratio 0. It has cash and short-term investments of CN¥837.1M.
Key information
40.3%
Debt to equity ratio
CN¥1.29b
Debt
| Interest coverage ratio | 0.05x |
| Cash | CN¥837.14m |
| Equity | CN¥3.21b |
| Total liabilities | CN¥2.52b |
| Total assets | CN¥5.73b |
Financial Position Analysis
Short Term Liabilities: 603585's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603585's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 603585's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: 603585's debt to equity ratio has increased from 0% to 40.3% over the past 5 years.
Debt Coverage: 603585's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603585's interest payments on its debt are not well covered by EBIT (0x coverage).