Suzhou New District Hi-Tech IndustrialLtd Balance Sheet Health
Financial Health criteria checks 2/6
Suzhou New District Hi-Tech IndustrialLtd has a total shareholder equity of CN¥18.7B and total debt of CN¥40.7B, which brings its debt-to-equity ratio to 218%. Its total assets and total liabilities are CN¥72.9B and CN¥54.3B respectively. Suzhou New District Hi-Tech IndustrialLtd's EBIT is CN¥455.7M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥6.3B.
Key information
218.0%
Debt to equity ratio
CN¥40.72b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥6.32b |
| Equity | CN¥18.68b |
| Total liabilities | CN¥54.27b |
| Total assets | CN¥72.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600736's short term assets (CN¥49.1B) exceed its short term liabilities (CN¥18.2B).
Long Term Liabilities: 600736's short term assets (CN¥49.1B) exceed its long term liabilities (CN¥36.0B).
Debt to Equity History and Analysis
Debt Level: 600736's net debt to equity ratio (184.2%) is considered high.
Reducing Debt: 600736's debt to equity ratio has increased from 96% to 218% over the past 5 years.
Debt Coverage: 600736's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600736's interest payments on its debt are not well covered by EBIT (1.8x coverage).