Suzhou Sushi Testing GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Sushi Testing GroupLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥953.5M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥5.0B and CN¥1.9B respectively. Suzhou Sushi Testing GroupLtd's EBIT is CN¥302.7M making its interest coverage ratio 16.1. It has cash and short-term investments of CN¥718.9M.
Key information
31.3%
Debt to equity ratio
CN¥953.54m
Debt
| Interest coverage ratio | 16.1x |
| Cash | CN¥718.91m |
| Equity | CN¥3.05b |
| Total liabilities | CN¥1.91b |
| Total assets | CN¥4.95b |
Recent financial health updates
Recent updates
Suzhou Sushi Testing Group Co.,Ltd. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next
Oct 28
Suzhou Sushi Testing Group Co.,Ltd. (SZSE:300416) Stock Rockets 47% But Many Are Still Ignoring The Company
Oct 08Time To Worry? Analysts Are Downgrading Their Suzhou Sushi Testing Group Co.,Ltd. (SZSE:300416) Outlook
Aug 29Suzhou Sushi Testing Group Co.,Ltd. (SZSE:300416) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers
Aug 25Slowing Rates Of Return At Suzhou Sushi Testing GroupLtd (SZSE:300416) Leave Little Room For Excitement
Aug 19Is Suzhou Sushi Testing GroupLtd (SZSE:300416) A Risky Investment?
Aug 01Suzhou Sushi Testing Group Co.,Ltd.'s (SZSE:300416) Price Is Right But Growth Is Lacking
Jul 03Solid Earnings May Not Tell The Whole Story For Suzhou Sushi Testing GroupLtd (SZSE:300416)
May 01Returns On Capital At Suzhou Sushi Testing GroupLtd (SZSE:300416) Have Stalled
Mar 26Suzhou Sushi Testing Group Co.,Ltd. (SZSE:300416) Shares Fly 28% But Investors Aren't Buying For Growth
Mar 07Financial Position Analysis
Short Term Liabilities: 300416's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 300416's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥466.8M).
Debt to Equity History and Analysis
Debt Level: 300416's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: 300416's debt to equity ratio has reduced from 53.7% to 31.3% over the past 5 years.
Debt Coverage: 300416's debt is well covered by operating cash flow (48.4%).
Interest Coverage: 300416's interest payments on its debt are well covered by EBIT (16.1x coverage).