Suzhou Longjie Special Fiber Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou Longjie Special Fiber has a total shareholder equity of CN¥1.3B and total debt of CN¥24.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥1.5B and CN¥236.9M respectively. Suzhou Longjie Special Fiber's EBIT is CN¥74.0M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥547.5M.
Key information
1.9%
Debt to equity ratio
CN¥24.00m
Debt
| Interest coverage ratio | -5.5x |
| Cash | CN¥547.53m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥236.93m |
| Total assets | CN¥1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603332's short term assets (CN¥958.6M) exceed its short term liabilities (CN¥162.9M).
Long Term Liabilities: 603332's short term assets (CN¥958.6M) exceed its long term liabilities (CN¥74.1M).
Debt to Equity History and Analysis
Debt Level: 603332 has more cash than its total debt.
Reducing Debt: 603332's debt to equity ratio has increased from 0% to 1.9% over the past 5 years.
Debt Coverage: 603332's debt is well covered by operating cash flow (94.4%).
Interest Coverage: 603332 earns more interest than it pays, so coverage of interest payments is not a concern.