Sanxiang Impression Balance Sheet Health
Financial Health criteria checks 5/6
Sanxiang Impression has a total shareholder equity of CN¥4.0B and total debt of CN¥516.7M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are CN¥6.8B and CN¥2.8B respectively. Sanxiang Impression's EBIT is CN¥76.4M making its interest coverage ratio 7.6. It has cash and short-term investments of CN¥444.8M.
Key information
12.8%
Debt to equity ratio
CN¥516.67m
Debt
Interest coverage ratio | 7.6x |
Cash | CN¥444.78m |
Equity | CN¥4.03b |
Total liabilities | CN¥2.76b |
Total assets | CN¥6.79b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000863's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 000863's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥234.0M).
Debt to Equity History and Analysis
Debt Level: 000863's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 000863's debt to equity ratio has reduced from 75.7% to 12.8% over the past 5 years.
Debt Coverage: 000863's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000863's interest payments on its debt are well covered by EBIT (7.6x coverage).