Suxin Joyful Life Services Balance Sheet Health
Financial Health criteria checks 5/6
Suxin Joyful Life Services has a total shareholder equity of CN¥810.9M and total debt of CN¥301.6M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are CN¥1.6B and CN¥805.7M respectively. Suxin Joyful Life Services's EBIT is CN¥93.7M making its interest coverage ratio 10.2. It has cash and short-term investments of CN¥485.2M.
Key information
37.2%
Debt to equity ratio
CN¥301.60m
Debt
| Interest coverage ratio | 10.2x |
| Cash | CN¥485.22m |
| Equity | CN¥810.89m |
| Total liabilities | CN¥805.74m |
| Total assets | CN¥1.62b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2152's short term assets (CN¥868.0M) exceed its short term liabilities (CN¥510.9M).
Long Term Liabilities: 2152's short term assets (CN¥868.0M) exceed its long term liabilities (CN¥294.8M).
Debt to Equity History and Analysis
Debt Level: 2152 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2152's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2152's debt is well covered by operating cash flow (44.7%).
Interest Coverage: 2152's interest payments on its debt are well covered by EBIT (10.2x coverage).