Jolywood (Suzhou) Sunwatt Balance Sheet Health
Financial Health criteria checks 4/6
Jolywood (Suzhou) Sunwatt has a total shareholder equity of CN¥5.1B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 132%. Its total assets and total liabilities are CN¥16.8B and CN¥11.7B respectively. Jolywood (Suzhou) Sunwatt's EBIT is CN¥233.6M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥2.1B.
Key information
132.0%
Debt to equity ratio
CN¥6.67b
Debt
Interest coverage ratio | -3.5x |
Cash | CN¥2.09b |
Equity | CN¥5.06b |
Total liabilities | CN¥11.75b |
Total assets | CN¥16.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300393's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 300393's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥3.9B).
Debt to Equity History and Analysis
Debt Level: 300393's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: 300393's debt to equity ratio has increased from 116.4% to 132% over the past 5 years.
Debt Coverage: 300393's debt is well covered by operating cash flow (21.3%).
Interest Coverage: 300393 earns more interest than it pays, so coverage of interest payments is not a concern.