NBTM New Materials Group Balance Sheet Health
Financial Health criteria checks 3/6
NBTM New Materials Group has a total shareholder equity of CN¥3.1B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are CN¥7.4B and CN¥4.3B respectively. NBTM New Materials Group's EBIT is CN¥489.6M making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥341.9M.
Key information
97.4%
Debt to equity ratio
CN¥3.02b
Debt
| Interest coverage ratio | 4.6x |
| Cash | CN¥341.90m |
| Equity | CN¥3.10b |
| Total liabilities | CN¥4.27b |
| Total assets | CN¥7.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600114's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 600114's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 600114's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: 600114's debt to equity ratio has increased from 16.5% to 97.4% over the past 5 years.
Debt Coverage: 600114's debt is not well covered by operating cash flow (9%).
Interest Coverage: 600114's interest payments on its debt are well covered by EBIT (4.6x coverage).