Suzhou Nanomicro Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Nanomicro Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥198.9M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥2.3B and CN¥465.5M respectively. Suzhou Nanomicro Technology's EBIT is CN¥92.0M making its interest coverage ratio -12.1. It has cash and short-term investments of CN¥338.0M.
Key information
10.9%
Debt to equity ratio
CN¥198.95m
Debt
| Interest coverage ratio | -12.1x |
| Cash | CN¥337.99m |
| Equity | CN¥1.83b |
| Total liabilities | CN¥465.46m |
| Total assets | CN¥2.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688690's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥235.4M).
Long Term Liabilities: 688690's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥230.1M).
Debt to Equity History and Analysis
Debt Level: 688690 has more cash than its total debt.
Reducing Debt: 688690's debt to equity ratio has increased from 8.9% to 10.9% over the past 5 years.
Debt Coverage: 688690's debt is well covered by operating cash flow (80.2%).
Interest Coverage: 688690 earns more interest than it pays, so coverage of interest payments is not a concern.