Sanan OptoelectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sanan OptoelectronicsLtd has a total shareholder equity of CN¥38.5B and total debt of CN¥9.7B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are CN¥57.1B and CN¥18.6B respectively.
Key information
25.1%
Debt to equity ratio
CN¥9.68b
Debt
Interest coverage ratio | n/a |
Cash | CN¥8.38b |
Equity | CN¥38.54b |
Total liabilities | CN¥18.60b |
Total assets | CN¥57.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600703's short term assets (CN¥20.7B) exceed its short term liabilities (CN¥10.1B).
Long Term Liabilities: 600703's short term assets (CN¥20.7B) exceed its long term liabilities (CN¥8.5B).
Debt to Equity History and Analysis
Debt Level: 600703's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: 600703's debt to equity ratio has increased from 20.2% to 25.1% over the past 5 years.
Debt Coverage: 600703's debt is well covered by operating cash flow (21.6%).
Interest Coverage: Insufficient data to determine if 600703's interest payments on its debt are well covered by EBIT.