Poly Plastic Masterbatch (SuZhou)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Poly Plastic Masterbatch (SuZhou)Ltd has a total shareholder equity of CN¥1.9B and total debt of CN¥9.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥2.0B and CN¥176.3M respectively. Poly Plastic Masterbatch (SuZhou)Ltd's EBIT is CN¥104.4M making its interest coverage ratio -8.6. It has cash and short-term investments of CN¥419.1M.
Key information
0.5%
Debt to equity ratio
CN¥9.00m
Debt
Interest coverage ratio | -8.6x |
Cash | CN¥419.08m |
Equity | CN¥1.86b |
Total liabilities | CN¥176.27m |
Total assets | CN¥2.03b |
Recent financial health updates
No updates
Recent updates
Poly Plastic Masterbatch (SuZhou)Ltd (SZSE:300905) Has Announced That It Will Be Increasing Its Dividend To CN¥0.50
Apr 29There's Reason For Concern Over Poly Plastic Masterbatch (SuZhou) Co.,Ltd's (SZSE:300905) Massive 49% Price Jump
Apr 22Investors Shouldn't Be Too Comfortable With Poly Plastic Masterbatch (SuZhou)Ltd's (SZSE:300905) Earnings
Apr 04What Poly Plastic Masterbatch (SuZhou) Co.,Ltd's (SZSE:300905) 37% Share Price Gain Is Not Telling You
Mar 08Financial Position Analysis
Short Term Liabilities: 300905's short term assets (CN¥996.3M) exceed its short term liabilities (CN¥169.4M).
Long Term Liabilities: 300905's short term assets (CN¥996.3M) exceed its long term liabilities (CN¥6.9M).
Debt to Equity History and Analysis
Debt Level: 300905 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 300905's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 300905's debt is well covered by operating cash flow (270.7%).
Interest Coverage: 300905 earns more interest than it pays, so coverage of interest payments is not a concern.