Sinoma Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sinoma Science & TechnologyLtd has a total shareholder equity of CN¥26.8B and total debt of CN¥15.4B, which brings its debt-to-equity ratio to 57.6%. Its total assets and total liabilities are CN¥58.2B and CN¥31.4B respectively. Sinoma Science & TechnologyLtd's EBIT is CN¥2.4B making its interest coverage ratio 6.7. It has cash and short-term investments of CN¥1.8B.
Key information
57.6%
Debt to equity ratio
CN¥15.43b
Debt
Interest coverage ratio | 6.7x |
Cash | CN¥1.77b |
Equity | CN¥26.79b |
Total liabilities | CN¥31.44b |
Total assets | CN¥58.24b |
Recent financial health updates
No updates
Recent updates
Are Sinoma Science & Technology Co.,Ltd. (SZSE:002080) Investors Paying Above The Intrinsic Value?
Apr 14Earnings Troubles May Signal Larger Issues for Sinoma Science & TechnologyLtd (SZSE:002080) Shareholders
Mar 31Sinoma Science & Technology Co.,Ltd.'s (SZSE:002080) Price Is Right But Growth Is Lacking
Mar 14Should You Think About Buying Sinoma Science & Technology Co.,Ltd. (SZSE:002080) Now?
Feb 28Financial Position Analysis
Short Term Liabilities: 002080's short term assets (CN¥21.3B) exceed its short term liabilities (CN¥18.8B).
Long Term Liabilities: 002080's short term assets (CN¥21.3B) exceed its long term liabilities (CN¥12.6B).
Debt to Equity History and Analysis
Debt Level: 002080's net debt to equity ratio (51%) is considered high.
Reducing Debt: 002080's debt to equity ratio has reduced from 71% to 57.6% over the past 5 years.
Debt Coverage: 002080's debt is well covered by operating cash flow (27.9%).
Interest Coverage: 002080's interest payments on its debt are well covered by EBIT (6.7x coverage).