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¥827.7M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are CN¥3.4B and CN¥1.6B respectively. Sunshine Global CircuitsLtd's EBIT is CN¥100.3M making its interest coverage ratio 11.9. It has cash and short-term investments of CN¥1.2B.
Key information
44.0%
Debt to equity ratio
CN¥827.70m
Debt
| Interest coverage ratio | 11.9x |
| Cash | CN¥1.18b |
| Equity | CN¥1.88b |
| Total liabilities | CN¥1.55b |
| Total assets | CN¥3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300739's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥593.6M).
Long Term Liabilities: 300739's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥959.8M).
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 2.8% to 44% over the past 5 years.
Debt Coverage: 300739's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 300739's interest payments on its debt are well covered by EBIT (11.9x coverage).