Swancor Advanced Materials Balance Sheet Health
Financial Health criteria checks 6/6
Swancor Advanced Materials has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥600.8M respectively. Swancor Advanced Materials's EBIT is CN¥86.0M making its interest coverage ratio -39.2. It has cash and short-term investments of CN¥254.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -39.2x |
| Cash | CN¥254.39m |
| Equity | CN¥1.22b |
| Total liabilities | CN¥600.78m |
| Total assets | CN¥1.83b |
Recent financial health updates
No updates
Recent updates
Returns At Swancor Advanced Materials (SHSE:688585) Are On The Way Up
Jun 27
Swancor Advanced Materials (SHSE:688585) Will Pay A Dividend Of CN¥0.021
May 21Swancor Advanced Materials' (SHSE:688585) Conservative Accounting Might Explain Soft Earnings
Apr 09There's No Escaping Swancor Advanced Materials Co., Ltd.'s (SHSE:688585) Muted Earnings Despite A 32% Share Price Rise
Mar 08Financial Position Analysis
Short Term Liabilities: 688585's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥599.4M).
Long Term Liabilities: 688585's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥1.4M).
Debt to Equity History and Analysis
Debt Level: 688585 is debt free.
Reducing Debt: 688585 has no debt compared to 5 years ago when its debt to equity ratio was 3.2%.
Debt Coverage: 688585 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688585 has no debt, therefore coverage of interest payments is not a concern.