Suzhou HYC TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou HYC TechnologyLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥866.4M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are CN¥5.5B and CN¥1.6B respectively. Suzhou HYC TechnologyLtd's EBIT is CN¥112.7M making its interest coverage ratio -6.1. It has cash and short-term investments of CN¥477.8M.
Key information
22.2%
Debt to equity ratio
CN¥866.44m
Debt
| Interest coverage ratio | -6.1x |
| Cash | CN¥477.78m |
| Equity | CN¥3.90b |
| Total liabilities | CN¥1.63b |
| Total assets | CN¥5.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688001's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥758.0M).
Long Term Liabilities: 688001's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥867.2M).
Debt to Equity History and Analysis
Debt Level: 688001's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: 688001's debt to equity ratio has increased from 8.8% to 22.2% over the past 5 years.
Debt Coverage: 688001's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688001 earns more interest than it pays, so coverage of interest payments is not a concern.