Singatron Electronic (China) Balance Sheet Health
Financial Health criteria checks 6/6
Singatron Electronic (China) has a total shareholder equity of CN¥1.6B and total debt of CN¥3.7M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.8B and CN¥208.9M respectively. Singatron Electronic (China)'s EBIT is CN¥74.6M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥1.1B.
Key information
0.2%
Debt to equity ratio
CN¥3.74m
Debt
| Interest coverage ratio | -8.5x |
| Cash | CN¥1.07b |
| Equity | CN¥1.58b |
| Total liabilities | CN¥208.87m |
| Total assets | CN¥1.78b |
Financial Position Analysis
Short Term Liabilities: 301329's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥206.2M).
Long Term Liabilities: 301329's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥2.7M).
Debt to Equity History and Analysis
Debt Level: 301329 has more cash than its total debt.
Reducing Debt: 301329's debt to equity ratio has reduced from 12.1% to 0.2% over the past 5 years.
Debt Coverage: 301329's debt is well covered by operating cash flow (3545.7%).
Interest Coverage: 301329 earns more interest than it pays, so coverage of interest payments is not a concern.