Sailvan Times Balance Sheet Health
Financial Health criteria checks 6/6
Sailvan Times has a total shareholder equity of CN¥2.5B and total debt of CN¥252.8M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are CN¥3.8B and CN¥1.3B respectively. Sailvan Times's EBIT is CN¥410.4M making its interest coverage ratio -142.6. It has cash and short-term investments of CN¥1.4B.
Key information
10.1%
Debt to equity ratio
CN¥252.84m
Debt
| Interest coverage ratio | -142.6x |
| Cash | CN¥1.41b |
| Equity | CN¥2.50b |
| Total liabilities | CN¥1.27b |
| Total assets | CN¥3.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301381's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥904.0M).
Long Term Liabilities: 301381's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥363.8M).
Debt to Equity History and Analysis
Debt Level: 301381 has more cash than its total debt.
Reducing Debt: 301381's debt to equity ratio has reduced from 40.4% to 10.1% over the past 5 years.
Debt Coverage: 301381's debt is well covered by operating cash flow (217.4%).
Interest Coverage: 301381 earns more interest than it pays, so coverage of interest payments is not a concern.