Suzhou Xingye Materials TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Xingye Materials TechnologyLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥227.8M respectively. Suzhou Xingye Materials TechnologyLtd's EBIT is CN¥69.2M making its interest coverage ratio 76.7. It has cash and short-term investments of CN¥101.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 76.7x |
| Cash | CN¥101.79m |
| Equity | CN¥1.51b |
| Total liabilities | CN¥227.77m |
| Total assets | CN¥1.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603928's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥216.7M).
Long Term Liabilities: 603928's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥11.1M).
Debt to Equity History and Analysis
Debt Level: 603928 is debt free.
Reducing Debt: 603928 has no debt compared to 5 years ago when its debt to equity ratio was 4%.
Debt Coverage: 603928 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603928 has no debt, therefore coverage of interest payments is not a concern.