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¥1.8B and total debt of CN¥26.9M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥2.0B and CN¥200.3M respectively. Poly Plastic Masterbatch (SuZhou)Ltd's EBIT is CN¥103.0M making its interest coverage ratio -9.2. It has cash and short-term investments of CN¥377.0M.
Key information
1.5%
Debt to equity ratio
CN¥26.90m
Debt
| Interest coverage ratio | -9.2x |
| Cash | CN¥377.00m |
| Equity | CN¥1.81b |
| Total liabilities | CN¥200.25m |
| Total assets | CN¥2.01b |
Recent financial health updates
Recent updates
We Think Poly Plastic Masterbatch (SuZhou)Ltd (SZSE:300905) Can Stay On Top Of Its Debt
Sep 04
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¥953.2M) exceed its short term liabilities (CN¥193.7M).
Long Term Liabilities: 300905's short term assets (CN¥953.2M) exceed its long term liabilities (CN¥6.5M).
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 (282.6%).
Interest Coverage: 300905 earns more interest than it pays, so coverage of interest payments is not a concern.