Suning.com Balance Sheet Health
Financial Health criteria checks 3/6
Suning.com has a total shareholder equity of CN¥10.1B and total debt of CN¥39.2B, which brings its debt-to-equity ratio to 386.3%. Its total assets and total liabilities are CN¥121.7B and CN¥111.6B respectively.
Key information
386.3%
Debt to equity ratio
CN¥39.16b
Debt
Interest coverage ratio | n/a |
Cash | CN¥28.82b |
Equity | CN¥10.14b |
Total liabilities | CN¥111.61b |
Total assets | CN¥121.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002024's short term assets (CN¥51.9B) do not cover its short term liabilities (CN¥94.9B).
Long Term Liabilities: 002024's short term assets (CN¥51.9B) exceed its long term liabilities (CN¥16.7B).
Debt to Equity History and Analysis
Debt Level: 002024's net debt to equity ratio (102%) is considered high.
Reducing Debt: 002024's debt to equity ratio has increased from 48.3% to 386.3% 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 39.5% per year.