Sunyard TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sunyard TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥661.2K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are CN¥1.7B and CN¥396.4M respectively. Sunyard TechnologyLtd's EBIT is CN¥95.4M making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥696.1M.
Key information
0.05%
Debt to equity ratio
CN¥661.19k
Debt
Interest coverage ratio | -2.2x |
Cash | CN¥696.08m |
Equity | CN¥1.28b |
Total liabilities | CN¥396.37m |
Total assets | CN¥1.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600571's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥343.9M).
Long Term Liabilities: 600571's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥52.4M).
Debt to Equity History and Analysis
Debt Level: 600571 has more cash than its total debt.
Reducing Debt: 600571's debt to equity ratio has reduced from 3.4% to 0.05% over the past 5 years.
Debt Coverage: 600571's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600571 earns more interest than it pays, so coverage of interest payments is not a concern.