Suning UniversalLtd Balance Sheet Health
Financial Health criteria checks 6/6
Suning UniversalLtd has a total shareholder equity of CN¥9.7B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CN¥14.8B and CN¥5.0B respectively. Suning UniversalLtd's EBIT is CN¥608.1M making its interest coverage ratio 1604535.3. It has cash and short-term investments of CN¥468.2M.
Key information
17.3%
Debt to equity ratio
CN¥1.69b
Debt
Interest coverage ratio | 1604535.3x |
Cash | CN¥468.22m |
Equity | CN¥9.75b |
Total liabilities | CN¥5.02b |
Total assets | CN¥14.77b |
Financial Position Analysis
Short Term Liabilities: 000718's short term assets (CN¥10.8B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 000718's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 000718's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 000718's debt to equity ratio has reduced from 31% to 17.3% over the past 5 years.
Debt Coverage: 000718's debt is well covered by operating cash flow (29.3%).
Interest Coverage: 000718's interest payments on its debt are well covered by EBIT (1604535.3x coverage).