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¥999.5M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are CN¥4.8B and CN¥1.8B respectively. Suzhou Sushi Testing GroupLtd's EBIT is CN¥380.4M making its interest coverage ratio 24.3. It has cash and short-term investments of CN¥830.7M.
Key information
33.4%
Debt to equity ratio
CN¥999.45m
Debt
| Interest coverage ratio | 24.3x |
| Cash | CN¥830.71m |
| Equity | CN¥2.99b |
| Total liabilities | CN¥1.85b |
| Total assets | CN¥4.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300416's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300416's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥501.2M).
Debt to Equity History and Analysis
Debt Level: 300416's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 300416's debt to equity ratio has reduced from 34.9% to 33.4% over the past 5 years.
Debt Coverage: 300416's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 300416's interest payments on its debt are well covered by EBIT (24.3x coverage).