Nanjing Chervon Auto Precision Technology Balance Sheet Health
Financial Health criteria checks 2/6
Nanjing Chervon Auto Precision Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 123.8%. Its total assets and total liabilities are CN¥6.7B and CN¥4.3B respectively.
Key information
123.8%
Debt to equity ratio
CN¥3.07b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥560.82m |
| Equity | CN¥2.48b |
| Total liabilities | CN¥4.26b |
| Total assets | CN¥6.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603982's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603982's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 603982's net debt to equity ratio (101.2%) is considered high.
Reducing Debt: 603982's debt to equity ratio has increased from 61.3% to 123.8% over the past 5 years.
Debt Coverage: 603982's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603982's interest payments on its debt are well covered by EBIT.