China-Singapore Suzhou Industrial Park Development Group Balance Sheet Health
Financial Health criteria checks 5/6
China-Singapore Suzhou Industrial Park Development Group has a total shareholder equity of CN¥19.5B and total debt of CN¥8.5B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are CN¥35.1B and CN¥15.6B respectively. China-Singapore Suzhou Industrial Park Development Group's EBIT is CN¥1.5B making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥3.4B.
Key information
43.4%
Debt to equity ratio
CN¥8.48b
Debt
Interest coverage ratio | -8.5x |
Cash | CN¥3.42b |
Equity | CN¥19.53b |
Total liabilities | CN¥15.59b |
Total assets | CN¥35.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601512's short term assets (CN¥18.1B) exceed its short term liabilities (CN¥7.8B).
Long Term Liabilities: 601512's short term assets (CN¥18.1B) exceed its long term liabilities (CN¥7.8B).
Debt to Equity History and Analysis
Debt Level: 601512's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: 601512's debt to equity ratio has increased from 42% to 43.4% over the past 5 years.
Debt Coverage: 601512's debt is well covered by operating cash flow (21.2%).
Interest Coverage: 601512 earns more interest than it pays, so coverage of interest payments is not a concern.