Suzhou New District Hi-Tech IndustrialLtd Balance Sheet Health
Financial Health criteria checks 3/6
Suzhou New District Hi-Tech IndustrialLtd has a total shareholder equity of CN¥18.6B and total debt of CN¥38.7B, which brings its debt-to-equity ratio to 208%. Its total assets and total liabilities are CN¥70.7B and CN¥52.0B respectively. Suzhou New District Hi-Tech IndustrialLtd's EBIT is CN¥542.0M making its interest coverage ratio 7.5. It has cash and short-term investments of CN¥5.0B.
Key information
208.0%
Debt to equity ratio
CN¥38.75b
Debt
Interest coverage ratio | 7.5x |
Cash | CN¥5.02b |
Equity | CN¥18.63b |
Total liabilities | CN¥52.03b |
Total assets | CN¥70.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600736's short term assets (CN¥47.3B) exceed its short term liabilities (CN¥15.9B).
Long Term Liabilities: 600736's short term assets (CN¥47.3B) exceed its long term liabilities (CN¥36.2B).
Debt to Equity History and Analysis
Debt Level: 600736's net debt to equity ratio (181.1%) is considered high.
Reducing Debt: 600736's debt to equity ratio has increased from 82.8% to 208% over the past 5 years.
Debt Coverage: 600736's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600736's interest payments on its debt are well covered by EBIT (7.5x coverage).