Sunwave CommunicationsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sunwave CommunicationsLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥581.6M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are CN¥4.7B and CN¥2.2B respectively. Sunwave CommunicationsLtd's EBIT is CN¥125.3M making its interest coverage ratio -14.4. It has cash and short-term investments of CN¥957.4M.
Key information
22.8%
Debt to equity ratio
CN¥581.58m
Debt
| Interest coverage ratio | -14.4x |
| Cash | CN¥957.36m |
| Equity | CN¥2.55b |
| Total liabilities | CN¥2.16b |
| Total assets | CN¥4.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002115's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002115's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥246.6M).
Debt to Equity History and Analysis
Debt Level: 002115 has more cash than its total debt.
Reducing Debt: 002115's debt to equity ratio has reduced from 43.6% to 22.8% over the past 5 years.
Debt Coverage: 002115's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002115 earns more interest than it pays, so coverage of interest payments is not a concern.