Shenzhen Sunway Communication Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Sunway Communication has a total shareholder equity of CN¥7.1B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are CN¥13.0B and CN¥5.8B respectively. Shenzhen Sunway Communication's EBIT is CN¥556.5M making its interest coverage ratio -14.7. It has cash and short-term investments of CN¥2.0B.
Key information
40.9%
Debt to equity ratio
CN¥2.92b
Debt
| Interest coverage ratio | -14.7x |
| Cash | CN¥2.00b |
| Equity | CN¥7.13b |
| Total liabilities | CN¥5.85b |
| Total assets | CN¥12.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300136's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 300136's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 300136's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: 300136's debt to equity ratio has reduced from 48.1% to 40.9% over the past 5 years.
Debt Coverage: 300136's debt is well covered by operating cash flow (60.5%).
Interest Coverage: 300136 earns more interest than it pays, so coverage of interest payments is not a concern.