NBTM New Materials Group Balance Sheet Health
Financial Health criteria checks 3/6
NBTM New Materials Group has a total shareholder equity of CN¥3.0B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are CN¥7.3B and CN¥4.3B respectively. NBTM New Materials Group's EBIT is CN¥471.0M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥412.4M.
Key information
97.4%
Debt to equity ratio
CN¥2.92b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥412.44m |
| Equity | CN¥3.00b |
| Total liabilities | CN¥4.28b |
| Total assets | CN¥7.28b |
Recent financial health updates
NBTM New Materials Group (SHSE:600114) Takes On Some Risk With Its Use Of Debt
Aug 16
These 4 Measures Indicate That NBTM New Materials Group (SHSE:600114) Is Using Debt Extensively
Mar 06Recent updates
NBTM New Materials Group (SHSE:600114) Takes On Some Risk With Its Use Of Debt
Aug 16We Ran A Stock Scan For Earnings Growth And NBTM New Materials Group (SHSE:600114) Passed With Ease
Jul 12Investors Continue Waiting On Sidelines For NBTM New Materials Group Co., Ltd. (SHSE:600114)
May 24These 4 Measures Indicate That NBTM New Materials Group (SHSE:600114) Is Using Debt Extensively
Mar 06Financial Position Analysis
Short Term Liabilities: 600114's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600114's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 600114's net debt to equity ratio (83.7%) is considered high.
Reducing Debt: 600114's debt to equity ratio has increased from 0% to 97.4% over the past 5 years.
Debt Coverage: 600114's debt is not well covered by operating cash flow (11%).
Interest Coverage: 600114's interest payments on its debt are well covered by EBIT (4.3x coverage).