Suzhou Yangtze New Materials Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Yangtze New Materials has a total shareholder equity of CN¥275.2M and total debt of CN¥179.1M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are CN¥486.9M and CN¥211.6M respectively.
Key information
65.1%
Debt to equity ratio
CN¥179.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥49.04m |
| Equity | CN¥275.24m |
| Total liabilities | CN¥211.61m |
| Total assets | CN¥486.86m |
Recent financial health updates
No updates
Recent updates
Suzhou Yangtze New Materials Co., Ltd. (SZSE:002652) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Aug 14
Suzhou Yangtze New Materials Co., Ltd.'s (SZSE:002652) Shares Climb 26% But Its Business Is Yet to Catch Up
Jun 27Solid 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¥219.5M) exceed its short term liabilities (CN¥208.5M).
Long Term Liabilities: 002652's short term assets (CN¥219.5M) exceed its long term liabilities (CN¥3.1M).
Debt to Equity History and Analysis
Debt Level: 002652's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: 002652's debt to equity ratio has reduced from 112.2% to 65.1% over the past 5 years.
Debt Coverage: 002652's debt is well covered by operating cash flow (37.7%).
Interest Coverage: Insufficient data to determine if 002652's interest payments on its debt are well covered by EBIT.