Nanjing Sciyon Wisdom Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing Sciyon Wisdom Technology Group has a total shareholder equity of CN¥2.1B and total debt of CN¥37.9M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥3.6B and CN¥1.5B respectively. Nanjing Sciyon Wisdom Technology Group's EBIT is CN¥200.8M making its interest coverage ratio -5. It has cash and short-term investments of CN¥806.0M.
Key information
1.8%
Debt to equity ratio
CN¥37.86m
Debt
| Interest coverage ratio | -5x |
| Cash | CN¥805.97m |
| Equity | CN¥2.08b |
| Total liabilities | CN¥1.47b |
| Total assets | CN¥3.55b |
Recent financial health updates
Is Nanjing Sciyon Wisdom Technology Group (SZSE:002380) A Risky Investment?
Jun 13
Is Nanjing Sciyon Wisdom Technology Group (SZSE:002380) Using Debt Sensibly?
Feb 27Recent updates
The Market Lifts Nanjing Sciyon Wisdom Technology Group Co., Ltd. (SZSE:002380) Shares 32% But It Can Do More
Oct 13Returns At Nanjing Sciyon Wisdom Technology Group (SZSE:002380) Are On The Way Up
Oct 01Is Nanjing Sciyon Wisdom Technology Group (SZSE:002380) A Risky Investment?
Jun 13Investors Still Aren't Entirely Convinced By Nanjing Sciyon Wisdom Technology Group Co., Ltd.'s (SZSE:002380) Revenues Despite 25% Price Jump
May 10Nanjing Sciyon Wisdom Technology Group's (SZSE:002380) Promising Earnings May Rest On Soft Foundations
May 06Further Upside For Nanjing Sciyon Wisdom Technology Group Co., Ltd. (SZSE:002380) Shares Could Introduce Price Risks After 25% Bounce
Mar 04Is Nanjing Sciyon Wisdom Technology Group (SZSE:002380) Using Debt Sensibly?
Feb 27Financial Position Analysis
Short Term Liabilities: 002380's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002380's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥46.8M).
Debt to Equity History and Analysis
Debt Level: 002380 has more cash than its total debt.
Reducing Debt: 002380's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 002380's debt is well covered by operating cash flow (419.6%).
Interest Coverage: 002380 earns more interest than it pays, so coverage of interest payments is not a concern.