Suzhou TFC Optical Communication Balance Sheet Health
Financial Health criteria checks 5/6
Suzhou TFC Optical Communication has a total shareholder equity of CN¥3.7B and total debt of CN¥40.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥4.2B and CN¥522.5M respectively. Suzhou TFC Optical Communication's EBIT is CN¥975.4M making its interest coverage ratio -17.1. It has cash and short-term investments of CN¥2.4B.
Key information
1.1%
Debt to equity ratio
CN¥40.00m
Debt
Interest coverage ratio | -17.1x |
Cash | CN¥2.40b |
Equity | CN¥3.66b |
Total liabilities | CN¥522.51m |
Total assets | CN¥4.18b |
Recent financial health updates
Recent updates
Suzhou TFC Optical Communication (SZSE:300394) Could Easily Take On More Debt
May 23Do Suzhou TFC Optical Communication's (SZSE:300394) Earnings Warrant Your Attention?
May 09Suzhou TFC Optical Communication Co., Ltd. Just Recorded A 34% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 25Brokers Are Upgrading Their Views On Suzhou TFC Optical Communication Co., Ltd. (SZSE:300394) With These New Forecasts
Apr 24Investors Shouldn't Overlook Suzhou TFC Optical Communication's (SZSE:300394) Impressive Returns On Capital
Mar 31Suzhou TFC Optical Communication Co., Ltd.'s (SZSE:300394) 27% Jump Shows Its Popularity With Investors
Feb 26Financial Position Analysis
Short Term Liabilities: 300394's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥493.0M).
Long Term Liabilities: 300394's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥29.5M).
Debt to Equity History and Analysis
Debt Level: 300394 has more cash than its total debt.
Reducing Debt: 300394's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: 300394's debt is well covered by operating cash flow (2248.2%).
Interest Coverage: 300394 earns more interest than it pays, so coverage of interest payments is not a concern.