Sunstone Development Balance Sheet Health
Financial Health criteria checks 2/6
Sunstone Development has a total shareholder equity of CN¥7.2B and total debt of CN¥8.3B, which brings its debt-to-equity ratio to 114.7%. Its total assets and total liabilities are CN¥18.0B and CN¥10.8B respectively. Sunstone Development's EBIT is CN¥113.9M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥2.7B.
Key information
114.7%
Debt to equity ratio
CN¥8.30b
Debt
| Interest coverage ratio | 0.5x |
| Cash | CN¥2.74b |
| Equity | CN¥7.24b |
| Total liabilities | CN¥10.79b |
| Total assets | CN¥18.03b |
Recent financial health updates
Recent updates
Investors Still Aren't Entirely Convinced By Sunstone Development Co., Ltd.'s (SHSE:603612) Revenues Despite 41% Price Jump
Oct 25
Would Sunstone Development (SHSE:603612) Be Better Off With Less Debt?
Jun 21Even With A 26% Surge, Cautious Investors Are Not Rewarding Sunstone Development Co., Ltd.'s (SHSE:603612) Performance Completely
May 21Financial Position Analysis
Short Term Liabilities: 603612's short term assets (CN¥9.6B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 603612's short term assets (CN¥9.6B) exceed its long term liabilities (CN¥3.8B).
Debt to Equity History and Analysis
Debt Level: 603612's net debt to equity ratio (76.9%) is considered high.
Reducing Debt: 603612's debt to equity ratio has increased from 104.1% to 114.7% over the past 5 years.
Debt Coverage: 603612's debt is not well covered by operating cash flow (13%).
Interest Coverage: 603612's interest payments on its debt are not well covered by EBIT (0.5x coverage).