Sinofibers TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sinofibers TechnologyLtd has a total shareholder equity of CN¥4.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.5B and CN¥276.8M respectively. Sinofibers TechnologyLtd's EBIT is CN¥265.0M making its interest coverage ratio -14.5. It has cash and short-term investments of CN¥1.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -14.5x |
| Cash | CN¥1.77b |
| Equity | CN¥4.26b |
| Total liabilities | CN¥276.76m |
| Total assets | CN¥4.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300777's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥120.7M).
Long Term Liabilities: 300777's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥156.0M).
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 2.2%.
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.