Sunshine Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Sunshine Insurance Group has a total shareholder equity of CN¥61.8B and total debt of CN¥49.1B, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are CN¥513.7B and CN¥451.9B respectively. Sunshine Insurance Group's EBIT is CN¥6.9B making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥152.0B.
Key information
79.4%
Debt to equity ratio
CN¥49.08b
Debt
Interest coverage ratio | 6.1x |
Cash | CN¥152.05b |
Equity | CN¥61.79b |
Total liabilities | CN¥451.90b |
Total assets | CN¥513.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6963's short term assets (CN¥163.8B) exceed its short term liabilities (CN¥42.6B).
Long Term Liabilities: 6963's short term assets (CN¥163.8B) do not cover its long term liabilities (CN¥409.3B).
Debt to Equity History and Analysis
Debt Level: 6963 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6963's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6963's debt is well covered by operating cash flow (41.4%).
Interest Coverage: 6963's interest payments on its debt are well covered by EBIT (6.1x coverage).