Sany Heavy Equipment International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Sany Heavy Equipment International Holdings has a total shareholder equity of CN¥11.5B and total debt of CN¥7.9B, which brings its debt-to-equity ratio to 68.5%. Its total assets and total liabilities are CN¥35.0B and CN¥23.4B respectively. Sany Heavy Equipment International Holdings's EBIT is CN¥1.7B making its interest coverage ratio -49. It has cash and short-term investments of CN¥5.4B.
Key information
68.5%
Debt to equity ratio
CN¥7.90b
Debt
Interest coverage ratio | -49x |
Cash | CN¥5.40b |
Equity | CN¥11.54b |
Total liabilities | CN¥23.42b |
Total assets | CN¥34.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNYY.F's short term assets (CN¥20.8B) exceed its short term liabilities (CN¥16.2B).
Long Term Liabilities: SNYY.F's short term assets (CN¥20.8B) exceed its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: SNYY.F's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: SNYY.F's debt to equity ratio has increased from 21.7% to 68.5% over the past 5 years.
Debt Coverage: SNYY.F's debt is well covered by operating cash flow (24.9%).
Interest Coverage: SNYY.F earns more interest than it pays, so coverage of interest payments is not a concern.