Suning.com Balance Sheet Health
Financial Health criteria checks 3/6
Suning.com has a total shareholder equity of CN¥10.8B and total debt of CN¥41.4B, which brings its debt-to-equity ratio to 383.1%. Its total assets and total liabilities are CN¥119.4B and CN¥108.6B respectively. Suning.com's EBIT is CN¥475.1M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥27.1B.
Key information
383.1%
Debt to equity ratio
CN¥41.39b
Debt
| Interest coverage ratio | 0.5x |
| Cash | CN¥27.10b |
| Equity | CN¥10.80b |
| Total liabilities | CN¥108.59b |
| Total assets | CN¥119.40b |
Recent financial health updates
Suning.com (SZSE:002024) Takes On Some Risk With Its Use Of Debt
Sep 23
Is Suning.com (SZSE:002024) Using Too Much Debt?
May 27Recent updates
A Piece Of The Puzzle Missing From Suning.com Co., Ltd.'s (SZSE:002024) 31% Share Price Climb
Nov 08Suning.com (SZSE:002024) Takes On Some Risk With Its Use Of Debt
Sep 23Investors Holding Back On Suning.com Co., Ltd. (SZSE:002024)
Jun 23Is Suning.com (SZSE:002024) Using Too Much Debt?
May 27Cautious Investors Not Rewarding Suning.com Co., Ltd.'s (SZSE:002024) Performance Completely
Mar 01Financial Position Analysis
Short Term Liabilities: 002024's short term assets (CN¥50.2B) do not cover its short term liabilities (CN¥92.2B).
Long Term Liabilities: 002024's short term assets (CN¥50.2B) exceed its long term liabilities (CN¥16.4B).
Debt to Equity History and Analysis
Debt Level: 002024's net debt to equity ratio (132.3%) is considered high.
Reducing Debt: 002024's debt to equity ratio has increased from 51.3% to 383.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 002024 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002024 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.5% per year.