Swancor Advanced Materials Balance Sheet Health
Financial Health criteria checks 6/6
Swancor Advanced Materials has a total shareholder equity of CN¥1.3B and total debt of CN¥13.4M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥1.9B and CN¥622.3M respectively. Swancor Advanced Materials's EBIT is CN¥83.9M making its interest coverage ratio -10. It has cash and short-term investments of CN¥173.3M.
Key information
1.1%
Debt to equity ratio
CN¥13.40m
Debt
| Interest coverage ratio | -10x |
| Cash | CN¥173.33m |
| Equity | CN¥1.26b |
| Total liabilities | CN¥622.27m |
| Total assets | CN¥1.88b |
Recent financial health updates
No updates
Recent updates
Swancor Advanced Materials' (SHSE:688585) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 07
Swancor Advanced Materials Co., Ltd.'s (SHSE:688585) Shares Climb 43% But Its Business Is Yet to Catch Up
Oct 09Swancor Advanced Materials (SHSE:688585) Hasn't Managed To Accelerate Its Returns
Oct 01Returns At Swancor Advanced Materials (SHSE:688585) Are On The Way Up
Jun 27Swancor 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¥1.4B) exceed its short term liabilities (CN¥613.1M).
Long Term Liabilities: 688585's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥9.1M).
Debt to Equity History and Analysis
Debt Level: 688585 has more cash than its total debt.
Reducing Debt: 688585's debt to equity ratio has reduced from 3% to 1.1% over the past 5 years.
Debt Coverage: 688585's debt is well covered by operating cash flow (305.7%).
Interest Coverage: 688585 earns more interest than it pays, so coverage of interest payments is not a concern.