Ningbo Shuanglin Auto PartsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Shuanglin Auto PartsLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are CN¥6.0B and CN¥3.8B respectively. Ningbo Shuanglin Auto PartsLtd's EBIT is CN¥256.0M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥477.8M.
Key information
52.6%
Debt to equity ratio
CN¥1.16b
Debt
Interest coverage ratio | 5.4x |
Cash | CN¥477.80m |
Equity | CN¥2.20b |
Total liabilities | CN¥3.75b |
Total assets | CN¥5.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300100's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 300100's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥446.4M).
Debt to Equity History and Analysis
Debt Level: 300100's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: 300100's debt to equity ratio has reduced from 75.2% to 52.6% over the past 5 years.
Debt Coverage: 300100's debt is well covered by operating cash flow (32.5%).
Interest Coverage: 300100's interest payments on its debt are well covered by EBIT (5.4x coverage).