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¥2.0B and total debt of CN¥34.4M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥3.3B and CN¥1.4B respectively. Nanjing Sciyon Wisdom Technology Group's EBIT is CN¥171.9M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥739.1M.
Key information
1.8%
Debt to equity ratio
CN¥34.44m
Debt
Interest coverage ratio | -4.6x |
Cash | CN¥739.09m |
Equity | CN¥1.95b |
Total liabilities | CN¥1.37b |
Total assets | CN¥3.33b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002380's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 002380's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥49.5M).
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 (393.2%).
Interest Coverage: 002380 earns more interest than it pays, so coverage of interest payments is not a concern.