Sanxiang Impression Balance Sheet Health
Financial Health criteria checks 4/6
Sanxiang Impression has a total shareholder equity of CN¥4.1B and total debt of CN¥709.3M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are CN¥7.0B and CN¥2.9B respectively. Sanxiang Impression's EBIT is CN¥40.7M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥713.6M.
Key information
17.4%
Debt to equity ratio
CN¥709.29m
Debt
Interest coverage ratio | 2.3x |
Cash | CN¥713.58m |
Equity | CN¥4.08b |
Total liabilities | CN¥2.94b |
Total assets | CN¥7.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000863's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 000863's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥236.1M).
Debt to Equity History and Analysis
Debt Level: 000863 has more cash than its total debt.
Reducing Debt: 000863's debt to equity ratio has reduced from 90.9% to 17.4% over the past 5 years.
Debt Coverage: 000863's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 000863's interest payments on its debt are not well covered by EBIT (2.3x coverage).