Sun Art Retail Group Balance Sheet Health
Financial Health criteria checks 4/6
Sun Art Retail Group has a total shareholder equity of CN¥23.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥65.3B and CN¥41.8B respectively. Sun Art Retail Group's EBIT is CN¥476.0M making its interest coverage ratio -19.8. It has cash and short-term investments of CN¥20.8B.
Key information
5.0%
Debt to equity ratio
CN¥1.17b
Debt
Interest coverage ratio | -19.8x |
Cash | CN¥20.82b |
Equity | CN¥23.41b |
Total liabilities | CN¥41.84b |
Total assets | CN¥65.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SURR.Y's short term assets (CN¥34.8B) do not cover its short term liabilities (CN¥35.5B).
Long Term Liabilities: SURR.Y's short term assets (CN¥34.8B) exceed its long term liabilities (CN¥6.3B).
Debt to Equity History and Analysis
Debt Level: SURR.Y has more cash than its total debt.
Reducing Debt: SURR.Y's debt to equity ratio has increased from 0% to 5% over the past 5 years.
Debt Coverage: SURR.Y's debt is well covered by operating cash flow (339.2%).
Interest Coverage: SURR.Y earns more interest than it pays, so coverage of interest payments is not a concern.