SICC Balance Sheet Health
Financial Health criteria checks 5/6
SICC has a total shareholder equity of CN¥5.3B and total debt of CN¥500.0M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥7.1B and CN¥1.9B respectively. SICC's EBIT is CN¥99.0M making its interest coverage ratio -9.7. It has cash and short-term investments of CN¥1.0B.
Key information
9.5%
Debt to equity ratio
CN¥500.00m
Debt
| Interest coverage ratio | -9.7x |
| Cash | CN¥1.03b |
| Equity | CN¥5.28b |
| Total liabilities | CN¥1.86b |
| Total assets | CN¥7.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688234's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 688234's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥489.4M).
Debt to Equity History and Analysis
Debt Level: 688234 has more cash than its total debt.
Reducing Debt: 688234's debt to equity ratio has reduced from 165.6% to 9.5% over the past 5 years.
Debt Coverage: 688234's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688234 earns more interest than it pays, so coverage of interest payments is not a concern.