Suning UniversalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Suning UniversalLtd has a total shareholder equity of CN¥9.9B 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¥14.6B and CN¥4.6B respectively. Suning UniversalLtd's EBIT is CN¥665.6M making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥608.3M.
Key information
17.3%
Debt to equity ratio
CN¥1.72b
Debt
| Interest coverage ratio | 5.7x |
| Cash | CN¥608.28m |
| Equity | CN¥9.95b |
| Total liabilities | CN¥4.62b |
| Total assets | CN¥14.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000718's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 000718's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥817.7M).
Debt to Equity History and Analysis
Debt Level: 000718's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 000718's debt to equity ratio has reduced from 37% to 17.3% over the past 5 years.
Debt Coverage: 000718's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000718's interest payments on its debt are well covered by EBIT (5.7x coverage).