Triductor Technology (Suzhou) Balance Sheet Health
Financial Health criteria checks 5/6
Triductor Technology (Suzhou) has a total shareholder equity of CN¥1.5B and total debt of CN¥196.9M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are CN¥2.3B and CN¥810.1M respectively. Triductor Technology (Suzhou)'s EBIT is CN¥2.0M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥517.4M.
Key information
13.1%
Debt to equity ratio
CN¥196.85m
Debt
Interest coverage ratio | -0.05x |
Cash | CN¥517.35m |
Equity | CN¥1.51b |
Total liabilities | CN¥810.14m |
Total assets | CN¥2.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688259's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥764.9M).
Long Term Liabilities: 688259's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥45.2M).
Debt to Equity History and Analysis
Debt Level: 688259 has more cash than its total debt.
Reducing Debt: 688259's debt to equity ratio has reduced from 29.6% to 13.1% over the past 5 years.
Debt Coverage: 688259's debt is not well covered by operating cash flow (11%).
Interest Coverage: 688259 earns more interest than it pays, so coverage of interest payments is not a concern.