Shenzhen Sunway Communication Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Sunway Communication has a total shareholder equity of CN¥7.2B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are CN¥13.1B and CN¥5.9B respectively. Shenzhen Sunway Communication's EBIT is CN¥472.8M making its interest coverage ratio 12.5. It has cash and short-term investments of CN¥2.3B.
Key information
40.2%
Debt to equity ratio
CN¥2.89b
Debt
Interest coverage ratio | 12.5x |
Cash | CN¥2.27b |
Equity | CN¥7.20b |
Total liabilities | CN¥5.94b |
Total assets | CN¥13.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300136's short term assets (CN¥7.2B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 300136's short term assets (CN¥7.2B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 300136's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 300136's debt to equity ratio has reduced from 62.8% to 40.2% over the past 5 years.
Debt Coverage: 300136's debt is well covered by operating cash flow (54.2%).
Interest Coverage: 300136's interest payments on its debt are well covered by EBIT (12.5x coverage).