Suzhou Yangtze New Materials Balance Sheet Health
Financial Health criteria checks 3/6
Suzhou Yangtze New Materials has a total shareholder equity of CN¥255.0M and total debt of CN¥195.3M, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are CN¥530.7M and CN¥275.7M respectively.
Key information
76.6%
Debt to equity ratio
CN¥195.27m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥71.55m |
| Equity | CN¥254.97m |
| Total liabilities | CN¥275.71m |
| Total assets | CN¥530.68m |
Recent financial health updates
No updates
Recent updates
Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) Shares Climb 26% But Its Business Is Yet to Catch Up
Jun 27
Solid Earnings May Not Tell The Whole Story For Suzhou Yangtze New Materials (SZSE:002652)
Apr 30More Unpleasant Surprises Could Be In Store For Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) Shares After Tumbling 26%
Apr 23Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Feb 28Financial Position Analysis
Short Term Liabilities: 002652's short term assets (CN¥260.8M) do not cover its short term liabilities (CN¥272.6M).
Long Term Liabilities: 002652's short term assets (CN¥260.8M) exceed its long term liabilities (CN¥3.1M).
Debt to Equity History and Analysis
Debt Level: 002652's net debt to equity ratio (48.5%) is considered high.
Reducing Debt: 002652's debt to equity ratio has reduced from 103.1% to 76.6% over the past 5 years.
Debt Coverage: 002652's debt is well covered by operating cash flow (30.4%).
Interest Coverage: Insufficient data to determine if 002652's interest payments on its debt are well covered by EBIT.