Suzhou Nanomicro Technology Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Nanomicro Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥116.9M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥2.3B and CN¥405.6M respectively. Suzhou Nanomicro Technology's EBIT is CN¥77.7M making its interest coverage ratio 27773.6. It has cash and short-term investments of CN¥303.2M.
Key information
6.3%
Debt to equity ratio
CN¥116.93m
Debt
| Interest coverage ratio | 27773.6x |
| Cash | CN¥303.22m |
| Equity | CN¥1.85b |
| Total liabilities | CN¥405.59m |
| Total assets | CN¥2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688690's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥314.7M).
Long Term Liabilities: 688690's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥90.9M).
Debt to Equity History and Analysis
Debt Level: 688690 has more cash than its total debt.
Reducing Debt: 688690's debt to equity ratio has reduced from 10.8% to 6.3% over the past 5 years.
Debt Coverage: 688690's debt is well covered by operating cash flow (107%).
Interest Coverage: 688690's interest payments on its debt are well covered by EBIT (27773.6x coverage).