Traditional Culture Encyclopedia - Traditional stories - Why are there no long-term loans in Suning.cn's financial statements in 2020?
Why are there no long-term loans in Suning.cn's financial statements in 2020?
The reason for this is the following：
1. The company's financial position is good: Suning Appliance has strong goodwill and brand influence, the company's performance has been relatively stable, and the capital inflow is guaranteed. Therefore, the company can solve its own capital needs without borrowing to support its operations.
2. Debt repayment is good: Suning Appliance's past loans have been properly handled and repaid, and the company has no overdue repayment or default. In addition, the company actively takes measures such as controlling costs and optimizing income to further enhance its solvency.
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