Suzhou Chunqiu Electronic Technology Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Chunqiu Electronic Technology has a total shareholder equity of CN¥2.8B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are CN¥5.7B and CN¥2.8B respectively. Suzhou Chunqiu Electronic Technology's EBIT is CN¥8.6M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥819.0M.
Key information
49.3%
Debt to equity ratio
CN¥1.40b
Debt
Interest coverage ratio | 0.2x |
Cash | CN¥819.05m |
Equity | CN¥2.85b |
Total liabilities | CN¥2.85b |
Total assets | CN¥5.70b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603890's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603890's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥903.1M).
Debt to Equity History and Analysis
Debt Level: 603890's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 603890's debt to equity ratio has increased from 25.5% to 49.3% over the past 5 years.
Debt Coverage: 603890's debt is well covered by operating cash flow (39.7%).
Interest Coverage: 603890's interest payments on its debt are not well covered by EBIT (0.2x coverage).