Sailvan Times Balance Sheet Health
Financial Health criteria checks 6/6
Sailvan Times has a total shareholder equity of CN¥2.6B and total debt of CN¥332.7M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥4.5B and CN¥2.0B respectively. Sailvan Times's EBIT is CN¥406.1M making its interest coverage ratio -18.6. It has cash and short-term investments of CN¥1.6B.
Key information
13.0%
Debt to equity ratio
CN¥332.66m
Debt
| Interest coverage ratio | -18.6x |
| Cash | CN¥1.60b |
| Equity | CN¥2.55b |
| Total liabilities | CN¥1.98b |
| Total assets | CN¥4.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301381's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 301381's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥465.8M).
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 34% to 13% over the past 5 years.
Debt Coverage: 301381's debt is well covered by operating cash flow (90.8%).
Interest Coverage: 301381 earns more interest than it pays, so coverage of interest payments is not a concern.