China-Singapore Suzhou Industrial Park Development Group Balance Sheet Health
Financial Health criteria checks 4/6
China-Singapore Suzhou Industrial Park Development Group has a total shareholder equity of CN¥19.4B and total debt of CN¥9.2B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are CN¥35.1B and CN¥15.7B respectively. China-Singapore Suzhou Industrial Park Development Group's EBIT is CN¥1.1B making its interest coverage ratio -12.4. It has cash and short-term investments of CN¥2.9B.
Key information
47.6%
Debt to equity ratio
CN¥9.22b
Debt
| Interest coverage ratio | -12.4x |
| Cash | CN¥2.89b |
| Equity | CN¥19.36b |
| Total liabilities | CN¥15.72b |
| Total assets | CN¥35.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601512's short term assets (CN¥16.6B) exceed its short term liabilities (CN¥7.8B).
Long Term Liabilities: 601512's short term assets (CN¥16.6B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 601512's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: 601512's debt to equity ratio has increased from 39.4% to 47.6% over the past 5 years.
Debt Coverage: 601512's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 601512 earns more interest than it pays, so coverage of interest payments is not a concern.