Sunshine Global CircuitsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sunshine Global CircuitsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥841.7M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are CN¥3.5B and CN¥1.6B respectively. Sunshine Global CircuitsLtd's EBIT is CN¥133.7M making its interest coverage ratio -21.9. It has cash and short-term investments of CN¥954.4M.
Key information
44.0%
Debt to equity ratio
CN¥841.66m
Debt
| Interest coverage ratio | -21.9x |
| Cash | CN¥954.39m |
| Equity | CN¥1.91b |
| Total liabilities | CN¥1.57b |
| Total assets | CN¥3.48b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300739's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥609.9M).
Long Term Liabilities: 300739's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥958.1M).
Debt to Equity History and Analysis
Debt Level: 300739 has more cash than its total debt.
Reducing Debt: 300739's debt to equity ratio has increased from 5.6% to 44% over the past 5 years.
Debt Coverage: 300739's debt is well covered by operating cash flow (38%).
Interest Coverage: 300739 earns more interest than it pays, so coverage of interest payments is not a concern.