Suzhou Shihua New Material Technology Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Shihua New Material Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥129.0M respectively. Suzhou Shihua New Material Technology's EBIT is CN¥206.8M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥346.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.8x |
| Cash | CN¥346.54m |
| Equity | CN¥1.91b |
| Total liabilities | CN¥129.01m |
| Total assets | CN¥2.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688093's short term assets (CN¥772.9M) exceed its short term liabilities (CN¥128.5M).
Long Term Liabilities: 688093's short term assets (CN¥772.9M) exceed its long term liabilities (CN¥540.4K).
Debt to Equity History and Analysis
Debt Level: 688093 is debt free.
Reducing Debt: 688093 has no debt compared to 5 years ago when its debt to equity ratio was 8.9%.
Debt Coverage: 688093 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688093 has no debt, therefore coverage of interest payments is not a concern.