Suzhou Good-Ark Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Good-Ark Electronics has a total shareholder equity of CN¥2.9B and total debt of CN¥398.1M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are CN¥4.0B and CN¥1.1B respectively. Suzhou Good-Ark Electronics's EBIT is CN¥205.2M making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥458.7M.
Key information
13.5%
Debt to equity ratio
CN¥398.12m
Debt
| Interest coverage ratio | -3.2x |
| Cash | CN¥458.75m |
| Equity | CN¥2.94b |
| Total liabilities | CN¥1.07b |
| Total assets | CN¥4.01b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002079's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002079's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥38.7M).
Debt to Equity History and Analysis
Debt Level: 002079 has more cash than its total debt.
Reducing Debt: 002079's debt to equity ratio has increased from 0.2% to 13.5% over the past 5 years.
Debt Coverage: 002079's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: 002079 earns more interest than it pays, so coverage of interest payments is not a concern.