Sunshine Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Sunshine Insurance Group has a total shareholder equity of CN¥61.5B and total debt of CN¥42.0B, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are CN¥548.7B and CN¥487.1B respectively. Sunshine Insurance Group's EBIT is CN¥9.1B making its interest coverage ratio 6.8. It has cash and short-term investments of CN¥150.1B.
Key information
68.3%
Debt to equity ratio
CN¥42.02b
Debt
| Interest coverage ratio | 6.8x |
| Cash | CN¥150.12b |
| Equity | CN¥61.54b |
| Total liabilities | CN¥487.15b |
| Total assets | CN¥548.69b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 6963's short term assets (CN¥162.4B) exceed its short term liabilities (CN¥23.6B).
Long Term Liabilities: 6963's short term assets (CN¥162.4B) do not cover its long term liabilities (CN¥463.5B).
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 (59.1%).
Interest Coverage: 6963's interest payments on its debt are well covered by EBIT (6.8x coverage).