SZZT ElectronicsLTD Balance Sheet Health
Financial Health criteria checks 3/6
SZZT ElectronicsLTD has a total shareholder equity of CN¥2.6B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 143.8%. Its total assets and total liabilities are CN¥6.9B and CN¥4.3B respectively. SZZT ElectronicsLTD's EBIT is CN¥85.8M making its interest coverage ratio -13.4. It has cash and short-term investments of CN¥660.0M.
Key information
143.8%
Debt to equity ratio
CN¥3.67b
Debt
Interest coverage ratio | -13.4x |
Cash | CN¥660.04m |
Equity | CN¥2.55b |
Total liabilities | CN¥4.35b |
Total assets | CN¥6.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002197's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002197's short term assets (CN¥2.0B) do not cover its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 002197's net debt to equity ratio (117.9%) is considered high.
Reducing Debt: 002197's debt to equity ratio has increased from 86.5% to 143.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 002197 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002197 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.5% per year.