Jolywood (Suzhou) Sunwatt Balance Sheet Health
Financial Health criteria checks 3/6
Jolywood (Suzhou) Sunwatt has a total shareholder equity of CN¥5.2B and total debt of CN¥6.3B, which brings its debt-to-equity ratio to 120.9%. Its total assets and total liabilities are CN¥17.1B and CN¥11.9B respectively. Jolywood (Suzhou) Sunwatt's EBIT is CN¥1.1B making its interest coverage ratio -14.9. It has cash and short-term investments of CN¥2.3B.
Key information
120.9%
Debt to equity ratio
CN¥6.32b
Debt
Interest coverage ratio | -14.9x |
Cash | CN¥2.31b |
Equity | CN¥5.23b |
Total liabilities | CN¥11.87b |
Total assets | CN¥17.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300393's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥8.5B).
Long Term Liabilities: 300393's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 300393's net debt to equity ratio (76.8%) is considered high.
Reducing Debt: 300393's debt to equity ratio has increased from 71% to 120.9% over the past 5 years.
Debt Coverage: 300393's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: 300393 earns more interest than it pays, so coverage of interest payments is not a concern.