Tangshan Sunfar Silicon IndustriesLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tangshan Sunfar Silicon IndustriesLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥320.9M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CN¥3.2B and CN¥803.4M respectively. Tangshan Sunfar Silicon IndustriesLtd's EBIT is CN¥146.6M making its interest coverage ratio -40. It has cash and short-term investments of CN¥743.5M.
Key information
13.3%
Debt to equity ratio
CN¥320.88m
Debt
Interest coverage ratio | -40x |
Cash | CN¥743.48m |
Equity | CN¥2.41b |
Total liabilities | CN¥803.41m |
Total assets | CN¥3.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603938's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥479.6M).
Long Term Liabilities: 603938's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥323.8M).
Debt to Equity History and Analysis
Debt Level: 603938 has more cash than its total debt.
Reducing Debt: 603938's debt to equity ratio has increased from 0% to 13.3% over the past 5 years.
Debt Coverage: 603938's debt is well covered by operating cash flow (87.9%).
Interest Coverage: 603938 earns more interest than it pays, so coverage of interest payments is not a concern.