Suzhou Dongshan Precision Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Dongshan Precision Manufacturing has a total shareholder equity of CN¥18.9B and total debt of CN¥11.9B, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are CN¥45.7B and CN¥26.8B respectively. Suzhou Dongshan Precision Manufacturing's EBIT is CN¥2.3B making its interest coverage ratio 12.3. It has cash and short-term investments of CN¥6.5B.
Key information
63.2%
Debt to equity ratio
CN¥11.91b
Debt
| Interest coverage ratio | 12.3x |
| Cash | CN¥6.46b |
| Equity | CN¥18.86b |
| Total liabilities | CN¥26.81b |
| Total assets | CN¥45.67b |
Recent financial health updates
Recent updates
Many Still Looking Away From Suzhou Dongshan Precision Manufacturing Co., Ltd. (SZSE:002384)
Oct 02
Here's Why Suzhou Dongshan Precision Manufacturing (SZSE:002384) Can Manage Its Debt Responsibly
Aug 05A Piece Of The Puzzle Missing From Suzhou Dongshan Precision Manufacturing Co., Ltd.'s (SZSE:002384) 34% Share Price Climb
Jun 28Suzhou Dongshan Precision Manufacturing (SZSE:002384) Will Be Hoping To Turn Its Returns On Capital Around
Jun 27Here's What Analysts Are Forecasting For Suzhou Dongshan Precision Manufacturing Co., Ltd. (SZSE:002384) After Its Full-Year Results
Apr 21A Look At The Fair Value Of Suzhou Dongshan Precision Manufacturing Co., Ltd. (SZSE:002384)
Mar 28Some Investors May Be Worried About Suzhou Dongshan Precision Manufacturing's (SZSE:002384) Returns On Capital
Mar 14Suzhou Dongshan Precision Manufacturing Co., Ltd.'s (SZSE:002384) Earnings Are Not Doing Enough For Some Investors
Feb 29Financial Position Analysis
Short Term Liabilities: 002384's short term assets (CN¥22.2B) exceed its short term liabilities (CN¥18.3B).
Long Term Liabilities: 002384's short term assets (CN¥22.2B) exceed its long term liabilities (CN¥8.5B).
Debt to Equity History and Analysis
Debt Level: 002384's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 002384's debt to equity ratio has reduced from 162.4% to 63.2% over the past 5 years.
Debt Coverage: 002384's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 002384's interest payments on its debt are well covered by EBIT (12.3x coverage).