Suzhou HYC TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou HYC TechnologyLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥856.4M, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are CN¥5.5B and CN¥1.6B respectively. Suzhou HYC TechnologyLtd's EBIT is CN¥72.4M making its interest coverage ratio -1622.1. It has cash and short-term investments of CN¥827.0M.
Key information
22.1%
Debt to equity ratio
CN¥856.38m
Debt
| Interest coverage ratio | -1622.1x |
| Cash | CN¥827.04m |
| Equity | CN¥3.87b |
| Total liabilities | CN¥1.61b |
| Total assets | CN¥5.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688001's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥741.1M).
Long Term Liabilities: 688001's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥866.7M).
Debt to Equity History and Analysis
Debt Level: 688001's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 688001's debt to equity ratio has increased from 15.4% to 22.1% over the past 5 years.
Debt Coverage: 688001's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 688001 earns more interest than it pays, so coverage of interest payments is not a concern.