Sinofibers TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sinofibers TechnologyLtd has a total shareholder equity of CN¥4.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.4B and CN¥298.8M respectively. Sinofibers TechnologyLtd's EBIT is CN¥169.6M making its interest coverage ratio -9.6. It has cash and short-term investments of CN¥1.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.6x |
| Cash | CN¥1.86b |
| Equity | CN¥4.14b |
| Total liabilities | CN¥298.79m |
| Total assets | CN¥4.44b |
Recent financial health updates
No updates
Recent updates
Sinofibers TechnologyLtd's (SZSE:300777) Anemic Earnings Might Be Worse Than You Think
Apr 29
Sinofibers Technology Co.,Ltd. (SZSE:300777) Shares Could Be 47% Below Their Intrinsic Value Estimate
Mar 25Market Might Still Lack Some Conviction On Sinofibers Technology Co.,Ltd. (SZSE:300777) Even After 26% Share Price Boost
Mar 04Returns On Capital At Sinofibers TechnologyLtd (SZSE:300777) Paint A Concerning Picture
Feb 27Financial Position Analysis
Short Term Liabilities: 300777's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥141.0M).
Long Term Liabilities: 300777's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥157.8M).
Debt to Equity History and Analysis
Debt Level: 300777 is debt free.
Reducing Debt: 300777 has no debt compared to 5 years ago when its debt to equity ratio was 16.1%.
Debt Coverage: 300777 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300777 has no debt, therefore coverage of interest payments is not a concern.