Sunstone Development Balance Sheet Health
Financial Health criteria checks 3/6
Sunstone Development has a total shareholder equity of CN¥7.5B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are CN¥17.2B and CN¥9.6B respectively.
Key information
96.8%
Debt to equity ratio
CN¥7.29b
Debt
Interest coverage ratio | n/a |
Cash | CN¥3.01b |
Equity | CN¥7.54b |
Total liabilities | CN¥9.64b |
Total assets | CN¥17.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603612's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 603612's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 603612's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: 603612's debt to equity ratio has increased from 74.5% to 96.8% over the past 5 years.
Debt Coverage: 603612's debt is well covered by operating cash flow (22.6%).
Interest Coverage: Insufficient data to determine if 603612's interest payments on its debt are well covered by EBIT.