Suzhou TZTEK Technology Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou TZTEK Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥608.0M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are CN¥3.4B and CN¥1.5B respectively. Suzhou TZTEK Technology's EBIT is CN¥176.3M making its interest coverage ratio -4.7. It has cash and short-term investments of CN¥406.5M.
Key information
32.7%
Debt to equity ratio
CN¥607.96m
Debt
| Interest coverage ratio | -4.7x |
| Cash | CN¥406.47m |
| Equity | CN¥1.86b |
| Total liabilities | CN¥1.52b |
| Total assets | CN¥3.38b |
Recent financial health updates
Recent updates
Shareholders Will Be Pleased With The Quality of Suzhou TZTEK Technology's (SHSE:688003) Earnings
Apr 26
Here's Why We Think Suzhou TZTEK Technology (SHSE:688003) Might Deserve Your Attention Today
Apr 17Is Suzhou TZTEK Technology (SHSE:688003) A Risky Investment?
Mar 26Earnings Not Telling The Story For Suzhou TZTEK Technology Co., Ltd (SHSE:688003) After Shares Rise 32%
Mar 01Financial Position Analysis
Short Term Liabilities: 688003's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 688003's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥355.1M).
Debt to Equity History and Analysis
Debt Level: 688003's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 688003's debt to equity ratio has increased from 0% to 32.7% over the past 5 years.
Debt Coverage: 688003's debt is well covered by operating cash flow (31.8%).
Interest Coverage: 688003 earns more interest than it pays, so coverage of interest payments is not a concern.