SICC Balance Sheet Health
Financial Health criteria checks 5/6
SICC has a total shareholder equity of CN¥5.2B and total debt of CN¥407.6M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥7.1B and CN¥1.9B respectively. SICC's EBIT is CN¥47.2M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥1.1B.
Key information
7.8%
Debt to equity ratio
CN¥407.56m
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥1.06b |
| Equity | CN¥5.22b |
| Total liabilities | CN¥1.89b |
| Total assets | CN¥7.11b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688234's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688234's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥484.2M).
Debt to Equity History and Analysis
Debt Level: 688234 has more cash than its total debt.
Reducing Debt: 688234's debt to equity ratio has reduced from 272% to 7.8% over the past 5 years.
Debt Coverage: 688234's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688234 earns more interest than it pays, so coverage of interest payments is not a concern.