Suzhou Tianmai Thermal Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Tianmai Thermal Technology has a total shareholder equity of CN¥907.5M and total debt of CN¥2.1M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.1B and CN¥192.3M respectively. Suzhou Tianmai Thermal Technology's EBIT is CN¥207.7M making its interest coverage ratio -122. It has cash and short-term investments of CN¥161.2M.
Key information
0.2%
Debt to equity ratio
CN¥2.13m
Debt
| Interest coverage ratio | -122x |
| Cash | CN¥161.18m |
| Equity | CN¥907.53m |
| Total liabilities | CN¥192.34m |
| Total assets | CN¥1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301626's short term assets (CN¥570.0M) exceed its short term liabilities (CN¥188.3M).
Long Term Liabilities: 301626's short term assets (CN¥570.0M) exceed its long term liabilities (CN¥4.0M).
Debt to Equity History and Analysis
Debt Level: 301626 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301626's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301626's debt is well covered by operating cash flow (10383.1%).
Interest Coverage: 301626 earns more interest than it pays, so coverage of interest payments is not a concern.