Triductor Technology (Suzhou) Balance Sheet Health
Financial Health criteria checks 5/6
Triductor Technology (Suzhou) has a total shareholder equity of CN¥1.5B and total debt of CN¥161.0M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are CN¥2.1B and CN¥575.6M respectively. Triductor Technology (Suzhou)'s EBIT is CN¥6.7M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥1.1B.
Key information
10.7%
Debt to equity ratio
CN¥161.01m
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥1.05b |
| Equity | CN¥1.50b |
| Total liabilities | CN¥575.65m |
| Total assets | CN¥2.08b |
Recent financial health updates
No updates
Recent updates
Pinning Down Triductor Technology (Suzhou) Inc.'s (SHSE:688259) P/E Is Difficult Right Now
Jul 31
Triductor Technology (Suzhou) (SHSE:688259) Might Be Having Difficulty Using Its Capital Effectively
Jun 26Some Investors May Be Willing To Look Past Triductor Technology (Suzhou)'s (SHSE:688259) Soft Earnings
May 01Triductor Technology (Suzhou) Inc.'s (SHSE:688259) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors
Apr 18Estimating The Fair Value Of Triductor Technology (Suzhou) Inc. (SHSE:688259)
Apr 16Triductor Technology (Suzhou) (SHSE:688259) May Have Issues Allocating Its Capital
Mar 25Triductor Technology (Suzhou) Inc.'s (SHSE:688259) P/E Is Still On The Mark Following 28% Share Price Bounce
Mar 04Financial Position Analysis
Short Term Liabilities: 688259's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥532.8M).
Long Term Liabilities: 688259's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥42.8M).
Debt to Equity History and Analysis
Debt Level: 688259 has more cash than its total debt.
Reducing Debt: 688259's debt to equity ratio has reduced from 30.7% to 10.7% over the past 5 years.
Debt Coverage: 688259's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688259 earns more interest than it pays, so coverage of interest payments is not a concern.