Shenzhen SDG ServiceLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen SDG ServiceLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥13.6M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥1.8B and CN¥639.3M respectively. Shenzhen SDG ServiceLtd's EBIT is CN¥156.7M making its interest coverage ratio -13.2. It has cash and short-term investments of CN¥492.1M.
Key information
1.2%
Debt to equity ratio
CN¥13.60m
Debt
Interest coverage ratio | -13.2x |
Cash | CN¥492.09m |
Equity | CN¥1.17b |
Total liabilities | CN¥639.30m |
Total assets | CN¥1.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300917's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥614.1M).
Long Term Liabilities: 300917's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥25.2M).
Debt to Equity History and Analysis
Debt Level: 300917 has more cash than its total debt.
Reducing Debt: 300917's debt to equity ratio has increased from 0% to 1.2% over the past 5 years.
Debt Coverage: 300917's debt is well covered by operating cash flow (1106.7%).
Interest Coverage: 300917 earns more interest than it pays, so coverage of interest payments is not a concern.