Sanan OptoelectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sanan OptoelectronicsLtd has a total shareholder equity of CN¥37.3B and total debt of CN¥7.8B, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are CN¥57.7B and CN¥20.5B respectively.
Key information
20.8%
Debt to equity ratio
CN¥7.75b
Debt
Interest coverage ratio | n/a |
Cash | CN¥9.42b |
Equity | CN¥37.28b |
Total liabilities | CN¥20.47b |
Total assets | CN¥57.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600703's short term assets (CN¥21.5B) exceed its short term liabilities (CN¥11.7B).
Long Term Liabilities: 600703's short term assets (CN¥21.5B) exceed its long term liabilities (CN¥8.7B).
Debt to Equity History and Analysis
Debt Level: 600703 has more cash than its total debt.
Reducing Debt: 600703's debt to equity ratio has reduced from 23.4% to 20.8% over the past 5 years.
Debt Coverage: 600703's debt is well covered by operating cash flow (55.2%).
Interest Coverage: Insufficient data to determine if 600703's interest payments on its debt are well covered by EBIT.