Surfilter Network Technology Balance Sheet Health
Financial Health criteria checks 4/6
Surfilter Network Technology has a total shareholder equity of CN¥667.3M and total debt of CN¥19.5M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥1.3B and CN¥598.9M respectively.
Key information
2.9%
Debt to equity ratio
CN¥19.51m
Debt
Interest coverage ratio | n/a |
Cash | CN¥126.91m |
Equity | CN¥667.34m |
Total liabilities | CN¥598.86m |
Total assets | CN¥1.27b |
Recent financial health updates
Recent updates
Surfilter Network Technology Co., Ltd.'s (SZSE:300311) Popularity With Investors Under Threat As Stock Sinks 25%
Apr 21Surfilter Network Technology Co., Ltd. (SZSE:300311) Stock Rockets 38% As Investors Are Less Pessimistic Than Expected
Mar 06Is Surfilter Network Technology (SZSE:300311) Using Debt Sensibly?
Feb 28Financial Position Analysis
Short Term Liabilities: 300311's short term assets (CN¥724.6M) exceed its short term liabilities (CN¥515.4M).
Long Term Liabilities: 300311's short term assets (CN¥724.6M) exceed its long term liabilities (CN¥83.5M).
Debt to Equity History and Analysis
Debt Level: 300311 has more cash than its total debt.
Reducing Debt: 300311's debt to equity ratio has reduced from 11.9% to 2.9% over the past 5 years.
Debt Coverage: 300311's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300311's interest payments on its debt are well covered by EBIT.